Sou Hu Cai Jing·2025-09-23 12:53Core Viewpoint - Warren Buffett's Berkshire Hathaway has liquidated its investment in BYD, indicating a shift in Buffett's interest towards the company, which has transformed significantly since his initial investment in 2008 [1][5]. Group 1: Investment History and Performance - Buffett's investment in BYD began in 2008, acquiring 225 million shares for $230 million, resulting in an approximate 3890% increase in stock price over 17 years [7]. - The decision to sell BYD shares reflects Berkshire's strategy of focusing on investments that provide the best growth potential, rather than holding onto stocks for their absolute value [3][5]. Group 2: BYD's Transformation - BYD has evolved into the world's leading electric vehicle manufacturer, with significant advancements in technology and a strong global presence [7]. - The company's current strategy emphasizes long-term growth and technological innovation, moving away from short-term profit maximization [9]. Group 3: Diverging Strategies - There is a fundamental difference in investment philosophy between Buffett's short-term profit focus and BYD's long-term vision under CEO Wang Chuanfu [9]. - This divergence in goals suggests that BYD's current trajectory may not align with the investment strategies favored by Berkshire Hathaway [9].