Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has completely divested its stake in BYD, marking the end of a significant investment that began in 2008 [1][3]. Group 1: Investment History - In 2008, Berkshire Hathaway purchased 225 million shares of BYD for $230 million, following the advice of Charlie Munger [3]. - Over the years, BYD's stock price increased by approximately 3890% during Berkshire's investment period [3]. Group 2: Recent Developments - Starting in August 2022, Berkshire began to reduce its holdings, which had reached a peak of $9 billion (approximately 640.3 billion RMB) in the second quarter of 2022 [5]. - By June 2024, Berkshire had sold nearly 76% of its shares, reducing its ownership to below 5% of BYD's circulating shares, which no longer required further disclosure under Hong Kong Stock Exchange rules [5]. - In the first quarter of 2023, Berkshire's financial report indicated that the investment in BYD was valued at zero, confirming the complete divestment [5]. Group 3: Company Response - BYD's General Manager of Brand and Public Relations, Li Yunfei, acknowledged the divestment, emphasizing the normalcy of buying and selling in stock investments and expressing gratitude for the support received from Buffett and Munger over the years [1][5]. Group 4: Buffett's Perspective - Although Buffett did not provide specific reasons for the sale, he previously described BYD as an "extraordinary company" run by an "extraordinary person," while suggesting that he would find "better things" related to money [7].

针对巴菲特旗下伯克希尔哈撒韦已清仓比亚迪股份的报道，比亚迪集团公关处总经理李云飞9月22日发 文回应称，2022年8月，伯克希尔开始陆续减持其于2008年购买的公司股票，去年6月其持股就已在5% 以下了。股票投资，有买就有卖，这是很正常的事情。感谢芒格和巴菲特对比亚迪的认可，也感谢过去 17年的投资、帮助和陪伴，为所有的长期主义点赞。 ...

据报道，巴菲特旗下伯克希尔·哈撒韦公司已清仓所持比亚迪的股份。对此，第一财经早间以投资者身 份致电比亚迪投资者关系部询问，对方回应："是真的，（伯克希尔）减持已经持续很久了。" 同日，比亚迪集团公关处总经理李云飞发文回应称，股票投资，有买就有卖，这是很正常的事情。感谢 芒格和巴菲特对比亚迪的认可，也感谢过去17年的投资、帮助和陪伴，为所有的长期主义点赞。 （文章来源：第一财经） ...

Core Viewpoint - Berkshire Hathaway has completely divested its stake in BYD, marking the end of a 17-year investment relationship that saw significant appreciation in BYD's stock value [1][2]. Group 1: Investment Timeline - Berkshire Hathaway began reducing its stake in BYD in August 2022, with its holdings falling below 5% by June 2023 [1][2]. - The market value of BYD shares held by Berkshire had increased by 41% to $9 billion before the reduction began [2]. - As of June 2024, Berkshire had sold nearly 76% of its BYD shares, leaving a holding slightly below 5% of BYD's circulating shares [2]. Group 2: Historical Context - Berkshire initially acquired 225 million shares of BYD in September 2008 at HKD 8 per share, representing about 10% of BYD post-placement [2][3]. - During the 17 years of holding, BYD's stock price surged approximately 3890% [4]. - Warren Buffett and Charlie Munger's decision to invest in BYD was influenced by Munger's strong belief in BYD's CEO, Wang Chuanfu, and his innovative capabilities [4]. Group 3: Recent Developments - A recent report indicated that the investment's book value had reached zero as of March 31, 2023, according to Berkshire Hathaway Energy's financial statements [2]. - Buffett acknowledged BYD as an "excellent company" but suggested that Berkshire would seek more reassuring uses for its capital [4].

Group 1 - Berkshire Hathaway has completely exited its stake in Chinese electric vehicle manufacturer BYD, which was initially a profitable investment [1][3] - The company began reducing its holdings in August 2022, having purchased 225 million shares for $230 million in 2008, with the value surging by 41% to $9 billion in Q2 of the same year [1][4] - By June of the previous year, Berkshire had sold nearly 76% of its shares, reducing its stake to below 5% of BYD's circulating shares, which allowed it to stop disclosing further reductions [1][4] Group 2 - Berkshire Hathaway Energy reported the investment value as zero as of March 31, confirming the complete sale of BYD shares [3][4] - The initial investment was made 17 years ago under the recommendation of Charlie Munger, who described BYD and its CEO as a "damn miracle" [6] - Warren Buffett acknowledged BYD as an "extraordinary company" but indicated a preference for reallocating funds elsewhere [8] Group 3 - Concurrently, Berkshire sold nearly all of its stake in TSMC (approximately $4 billion), with Buffett expressing concerns about the current economic environment [8] - Buffett and Jamie Dimon have advocated for companies to stop providing quarterly earnings guidance, arguing it leads to unhealthy short-term profit focus at the expense of long-term strategy [9][10] - They emphasize the importance of companies continuing to provide actual performance reports to allow stakeholders to assess progress reliably [10]

9月21日晚间，据外媒报道，沃伦・巴菲特旗下的伯克希尔・哈撒韦已完全退出其在比亚迪（02594.SZ；01211.HK）的投 资。据统计，巴菲特持有比亚迪股票的这些年里，比亚迪的股价上涨了约3890%。 "伯克希尔发言人证实，比亚迪股份确实已全部售出。"上述报道称。 9月22日上午，比亚迪集团品牌及公关处总经理李云飞发文回应称，2022年8月，伯克希尔开始陆续减持其于2008年购买的 公司股票，去年6月其持股就已在5%以下了。"股票投资，有买就有卖，这是很正常的事情。感谢芒格和巴菲特对比亚迪的 认可，也感谢过去17年的投资、帮助和陪伴，为所有的长期主义点赞。" 之后的14年左右时间内，巴菲特一直重仓着比亚迪，直至2022年。 2022年8月30日，港交所网站显示，巴菲特旗下的伯克希尔在2022年8月24日出售了133万股比亚迪H股，均价277.1016港 元，套现3.69亿港元，仍持有2.18719亿股，占已发行的有投票权的比例降至19.92%。 此后，巴菲特陆续多次减持比亚迪。 2024年7月，港交所第16次披露伯克希尔对比亚迪的减持动作。 此次减持过后，伯克希尔持有的比亚迪股份比例已降至4.94%。彼时就 ...

来源：比亚迪李云飞 责编：王璐璐 针对巴菲特旗下伯克希尔哈撒韦已清仓比亚迪股份的消息，比亚迪集团公关处总经理李云飞发文回应称，2022年8月，伯克希尔开始陆续减持其于2008年 购买的公司股票，去年6月其持股就已在5%以下了。股票投资，有买就有卖，这是很正常的事情。感谢芒格和巴菲特对比亚迪的认可，也感谢过去17年的 投资、帮助和陪伴，为所有的长期主义点赞。 校对：杨舒欣 百万用户都在看 邮箱：bwb@stcn.com ...

Core Viewpoint - Berkshire Hathaway has completely divested its shares in BYD, marking the end of a significant investment relationship that began in 2008 [1] Group 1: Investment Actions - Berkshire Hathaway started reducing its stake in BYD in August 2022, with its holdings falling below 5% by June of the previous year [1] - The divestment reflects a normal investment practice where buying is accompanied by selling [1] Group 2: Company Response - BYD's General Manager of Brand and Public Relations, Li Yunfei, expressed gratitude towards Charlie Munger and Warren Buffett for their recognition and support over the past 17 years [1] - The company emphasizes the importance of long-term investment principles and acknowledges the contributions made by Berkshire Hathaway [1]

9 月 21 日晚间消息，一份财报显示，伯克希尔 · 哈撒韦已经清仓了比亚迪股份。 突发！清 仓了 他称， " 股票投资，有买就有卖，这是很正常的事情。感谢芒格和巴菲特对比亚迪的认可， 也感谢过去 17 年的投资、帮助和陪伴，为所有的长期主义点赞。 " 编辑：格林 校对：纪元 制作：舰长 审核：陈思扬 版权声明 《中国基金报》对本平台所刊载的原创内容享有著作权，未经授权禁止转载，否则将追究法律责任。 授权转载合作联系人：于先生（电话：0755-82468670） 9 月 22 日盘前，比亚迪集团品牌及公关处总经理李云飞在社交平台回应称， 2022 年 8 月，伯克希尔开始陆续减持其于 2008 年购买的公司股票，去年 6 月其持股就已在 5% 以下 了。 ...

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has completely divested its shares in BYD, a significant move that reflects ongoing changes in investment strategies [1] Group 1: Company Response - BYD confirmed the news of Berkshire Hathaway's divestment, stating that the reduction in holdings has been ongoing for a considerable time [1] - The public relations manager of BYD expressed gratitude towards Buffett and Munger for their recognition and support over the past 17 years, emphasizing the normalcy of buying and selling in stock investments [1]