Berkshire by Warren Buffett cashed Munger’s Blockbuster China Ev Bet after 17-year-old Run

Berkshire Hathaway from Warren Buffett has quietly rejected one of the most lucrative foreign bets, which has completely left a 17-year-old investment in the Chinese electric vehicle maker BYD, an interest that was originally defended by the late Charlie Munger and almost $ 9 billion worth at its peak.

For the first time, Berkshire bought 225 million BYD shares in 2008 for $ 230 million at the insistence of Munger. During the annual meeting of 2009, Munger defended the move and said that although it looked like “Warren and I went crazy”, he byd and the founder Wang Chuanfu considered a “damn wonder”.

That call turned out to be ahead. The shares of BYD rose around 3,890% during the Berkshire holding period, which converted a modest edition into one of the most profitable international shares.

Pile

Berkshire began to reduce his position in August 2022, after the value of his interest in the second quarter had risen by 41% to $ 9 billion. By June 2024, Berkshire had sold nearly 76% of his participations, leaving just under 5% of the outstanding shares of BYD.

As soon as Berkshire exceeded the 5% disclosure threshold under the exchange rules of Hong Kong, the subsequent sale was not reported. From March 31 of this year, the quarterly request from Berkshire Hathaway Energy mentioned the value of the BYD deployment on Zero. A spokesperson confirmed to CNBC that all remaining shares had been sold.

Take buffetts

Buffett has not established detailed reasons for the divestment. But in 2023 he told CNBC that BYD is an ‘extraordinary company’ under the leadership of an ‘extraordinary person’, while adding it: “I think we will find things dealing with the money I will feel better about.”

That comment came around the same time that Berkshire was almost all of his interest of $ 4 billion in Taiwan Semiconductor, just a few months after purchasing. Buffett said that he had “re -evaluated” geopolitical risks at the time to China’s claim about Taiwan, with which he noticed: “It is a dangerous world.”

From June 30, 2025, Berkshire’s largest public stock ownership of the US, Japan and Hong Kong, according to the submission of 14 August. The position of Itochu was last updated on March 17, 2025 and Mitsubishis on 28 August 2025.

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