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Warren Buffett’s Berkshire Hathaway Sells Shares in Chinese EV Maker BYD for the First Time in 14 Years – and Rakes in a 3,400% Profit

Posted on the 30 August 2022 by Phil's Stock World @philstockworld

Warren Buffett's Berkshire Hathaway has trimmed its BYD stake for the first time in 14 years, a Hong Stock Exchange filing revealed Tuesday. The famed investor's conglomerate sold about 1.3 million shares of the Chinese electric-vehicle maker for around $47 million last week. The disposals reduced ...

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