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

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Berkshire Hathaway has completely exited its extremely profitable equity investment in the Chinese electric vehicle maker BYD

In August 2022, Berkshire began to reduce the 225 million share position it had purchased in 2008 for $230 million.

That followed a 41% jump in the value of the position during that year’s second quarter to $9 billion.