大道 · Duan Yong Ping · Value Investing
A systematic guide to twenty years of Duan Yongping's investment wisdom — so everyone can stand on the shoulders of a giant
Duan Yongping, founder of BBK Electronics, the behind-the-scenes force behind the OPPO, vivo, and iFLYTEK (小天才) brands, and a profound influence on NetEase and Pinduoduo.
In 2006 he paid $620,100 to win the Buffett charity lunch, bringing Huang Zheng (Pinduoduo's founder) along.
After retiring he settled in the United States, sharing investment thinking on Xueqiu under the pen name "大道無形我有型" (The Great Way Has No Form, Yet I Have Form).
His Q&A discussions were compiled into The Great Way: Duan Yongping's Investment Q&A, influencing millions of Chinese-speaking investors.
His core philosophy distills to eight words: Do the right things. Do things right.
"Buying stocks is buying businesses —that has never changed.
That's my simplest takeaway from Buffett."
— Duan Yongping, 2021