SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Tesla EVs - TSLA -- Ignore unavailable to you. Want to Upgrade?


To: Selectric II who wrote (26411)9/23/2025 3:31:27 PM
From: i-node1 Recommendation

Recommended By
longz

  Read Replies (1) | Respond to of 26613
 
While I was a CPA for many years (I haven't practiced since around 2000), I never read nor did I understand financial statements based in China. I don't know the accounting rules, the standards, and certainly am not going to read the notes to said financial statements, which is what would be necessary to comment on BYD's situation.

That being said, when concerns appear, questions have to asked and answered and it not a good thing when Buffett bails because they do all those things I can't/won't.

The assumption has to be there are potentially significant problems given they allegedly have been positioned to claim the market and now Buffett is bailing out.

Something's up and the company's risk profile is simply too high (as is Tesla's) for the tastes of Berkshire.



To: Selectric II who wrote (26411)9/23/2025 4:15:49 PM
From: kidl  Read Replies (1) | Respond to of 26613
 
BYD was a very unusual investment for Berkshire to start with. It was largely a shot in the dark. They rode it for 17 years and it produced an astronomical return. Berkshire concluded a while back that the reward on further upside wasn’t there or was limited. They did what every good investor would do.