Why Warren Buffett & Charlie Munger Bought BYD: It's a Privilege... | Berkshire Hathaway 2009

In this episode, Warren Buffett and Charlie Munger were asked to explain on their BYD investment and their logic behind it because BYD appears to be more like a venture capital speculative investment than a value investment.

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This speech is given by Warren Buffett & Charlie Munger at Berkshire Hathaway Annual General Meeting on May 2, 2009.

☆Who is Warren Buffett (The Oracle of Omaha)?☆
Warren E. Buffett is one of the most successful investors in the world and the chairman & CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000.

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Why Warren Buffett & Charlie Munger Bought BYD: It's a Privilege... | Berkshire Hathaway 2009

[aaronwindellor]

R.i.P. Charlie Munger, the legendary American investor.

[ruudm]

Lol the Guy asking the question better bought some byd