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Buffett's Berkshire totally exits its profitable stake in Chinese EV maker bought because of Munger

1. Berkshire Hathaway fully exits its stake in BYD, a Chinese EV maker. 2. BYD shares surged 3890% since Berkshire's initial investment in 2008. 3. Buffett notes a reevaluation of investments due to geopolitical risks. 4. Berkshire sold nearly $4 billion in Taiwan Semiconductor stocks recently. 5. Investors express concern over Berkshire's shift in focus from profitable investments.

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FAQ

Why Neutral?

While exiting BYD demonstrates strategic reevaluation, it may not signify negative performance.

How important is it?

The exit from BYD impacts Berkshire's investment strategy but lacks immediate financial implications.

Why Short Term?

Short-term reactions may arise but longer-term impacts depend on new investment choices.

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