was a refugee from China to HK during the Japan invasion
“cashflow is the most important thing”
“whatever industry I get into I buy books about that industry”
believes in a Western management model mixed with a Confucian life philosophy
wears a simple Citizen solar-powered watch and runs his watch 30 minutes fast because he can be anywhere in HK in 30 minutes (!)
named one of his two holding companies Cheung Kong after the Yantze river because many other rivers flow into it, metaphor for how he should be (welcoming and truly modest, not just superficially so)
“I’ve always believed that it is very important for people to have faith”
his life philosophy in two sentences:
1. Always be industrious
2. The virtuous welcome onerous duties
framed a share of AIG stock, explains that AIG was worth almost $200B and seemingly overnight dropped to $17B, losing 91% of its value. serves as a reminder to his two sons: manage the company carefully, “don’t invest like gambling”