1. Berkshire sold its remaining stake in BYD, confirming earlier reports. 2. BYD executives expressed gratitude for Buffett's long-term support. 3. Berkshire expanded its stake in Mitsui to over 10%. 4. BYD shares fell over 6% following Berkshire's exit announcement. 5. Market reactions show mixed sentiments on Berkshire's investment moves.
Despite the BYD sell-off, increasing stakes in Japan signal ongoing strategic investments by Berkshire, historically indicating the potential for future growth and profitability. This is reminiscent of past moves where Berkshire's investments in different sectors led to profitability, enhancing overall stock value.
The decisions around Berkshire's investments, particularly in BYD and Mitsui, are crucial strategic moves that exemplify their investment philosophy of buying and selling smartly, which ultimately can affect BRK-A's valuation positively or negatively.
The gradual shift in investments, particularly increasing stakes in Japanese firms, suggests a long-term strategy that may yield returns, similar to their historically successful investments like Coca-Cola, which took years to mature.