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].