Buffett Sells Off BYD Shares, Securing a 3890% Return Over 17-Year Investment
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Author:小编   

Warren Buffett's Berkshire Hathaway has completely offloaded its shares in the Chinese electric vehicle (EV) maker BYD. Back in 2008, acting on the advice of Charlie Munger, Berkshire Hathaway acquired 225 million BYD shares for $230 million. By the second quarter of 2022, the value of these shares had soared to $9 billion, representing a 41% uptick from the previous evaluation point. In August of that same year, Berkshire Hathaway initiated the process of trimming its stake in BYD. By June of the subsequent year, it had divested nearly 76% of its holdings, bringing its ownership stake down to below 5%. Once this threshold was crossed, Berkshire Hathaway was no longer obligated to publicly report any further sales. Financial records for the first quarter of 2025 revealed that the value of the investment had dwindled to zero, and a spokesperson for the company confirmed that all positions had been liquidated. Over the course of the holding period, BYD's share price witnessed an approximate 3890% surge. Buffett refrained from delving into the specific reasons behind the sale, merely mentioning that he would be on the lookout for more appealing investment prospects.