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The End of an $8 Billion EV Empire: Warren Buffett Cashes Out—BYD Loses Its Most Legendary Backer

The legendary investor Warren E. Buffett has officially ended his 17-year partnership with Chinese electric vehicle giant BYD, closing one of the most remarkable investment stories in modern history.
Benzinga.com

BYD Thanks Warren Buffett, Charlie Munger For Belieiving After Stake Sale, Says They 'Loved' Chinese Auto Giant: 'It's Not Because They Don't Like Us'

According to CNBC, BYD executive Li Yunfei shared on Weibo that Berkshire started cutting its stake in August 2022, with the holding dropping below 5% by June 2024. “We are grateful for Charlie Munger ...

99-Year-Old Billionaire Charlie Munger Laid Out 7 Ways To 'Guarantee a Life of Misery' — And None Had Anything To Do With Money

Next came refuse to learn from others. He mocked those who insist on "learning everything from their own personal experience," calling it the quickest way to mediocrity. The better move, he said, is ...
Opinion

Trick or treat: Posers from K-shaped world economy

The world is not driven by greed. It’s driven by envy. Legendary investor Charlie Munger wagered this view on the causes of unhappiness. While one may argue about the sequence of terms, there is ...