BYD: Charlie Munger's Favorite Stock

05:37pm, Thursday, 16'th Feb 2023
When rumors first began surfacing last year that Berkshire Hathaway ( BRK.A , Financial)( BRK.B , Financial) was trimming some of its stake in Chinese electric vehicle maker BYD Co. Ltd. ( HKSE:01211
Charlie Munger said he doesn't bet on Musk or against him, and touted BYD as one of his greatest contributions to Buffett's Berkshire Hathaway.
These two investing icons might not agree on very many things, but both have put money on the line with these stocks.
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.
BYD , the world's largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal filings.
Here is how Byd Co., Ltd. (BYDDY) and China Automotive Systems (CAAS) have performed compared to their sector so far this year.
Portfolio concentration is a big reason Berkshire Hathaway has handily outperformed Wall Street for nearly 60 years.
OMAHA, Neb. — Warren Buffett's company has now sold nearly 95 million of its original 225 million shares of Chinese electric carmaker BYD's stock, but it remains a significant shareholder.
Warren Buffet's latest BYD stock sale means Berkshire Hathaway's stake in the Chinese EV maker has narrowed to 11.87% from 12.26%.

BYD: Watch Out Tesla

09:41am, Thursday, 09'th Feb 2023
Unlike nearly all its peers, BYD Company Limited produces its own EV batteries, perhaps unsurprising given the company's heritage in the field. BYD Company has a keen focus on the core technologies th
BYD edged higher early Thursday after Warren Buffett reduced his position in the China-EV giant. The post Warren Buffett Stock: Billionaire Investor Sells China-EV Giant BYD Shares appeared first on I
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock exchange fi

Warren Buffet Is Selling This Stock -- Should You?

05:55am, Wednesday, 08'th Feb 2023
We can only speculate as to why the Oracle of Omaha has become less enamored with this company.

EV Company News For The Month Of January 2023

04:30pm, Tuesday, 07'th Feb 2023
Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales er

Best Stock to Buy: Nio Stock vs. BYD Stock

06:09am, Sunday, 05'th Feb 2023
Electric vehicles are rapidly gaining popularity as consumers increase purchases.
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