| ▲ | profsummergig 3 hours ago | |
This is fascinating, because from what I've heard, Warren Buffett did not favor tech stocks. Does anyone know what gave Buffett the faith that this company was a real deal? | ||
| ▲ | jimbokun 3 hours ago | parent | next [-] | |
Maybe he was more afraid of software dominated stocks? BYD is at heart an automobile manufacturer and so maybe he felt more confident evaluating it using his normal tools. | ||
| ▲ | holmesch 2 hours ago | parent | prev | next [-] | |
It was Charlie Munger who became enthusiastic about BYD after learning about it from investor Li Lu, leading him to convince Buffett to make Berkshire Hathaway's $230 million investment in 2008. | ||
| ▲ | dalyons 3 hours ago | parent | prev [-] | |
They “just” were a battery company then. Is that considered tech? | ||