BYD Build Your Dreams, China's rising EV giant

The article below discusses, among other things, how Berkshire Hathaway has completely sold its stake in the Chinese electric car company BYD, in which it invested already in 2008 at the initiative of Charlie Munger.

The ownership had grown in value almost 40-fold before gradual sales that continued for a long time – the rest were sold in the spring of this year. The reasons for the sale were not precisely disclosed.

Buffett has not explained in detail why Berkshire started selling, but, in 2023, he told CNBC’s Becky Quick that BYD is an “extraordinary company” being run by an “extraordinary person,” but “I think that we’ll find things to do with the money that I’ll feel better about.”

https://www.cnbc.com/2025/09/21/buffett-munger-byd-exits-stake.html

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