Tuesday, December 28, 2010

BYD: Buffett's Favorite Auto Stock


When I went to the Berkshire Hathaway (NYSE: BRK.B) annual meeting in 2009, there was something I really wanted to do.

No, it wasn't a chat with Warren Buffett.

That's almost impossible at the yearly "Woodstock for Capitalists," and only first-timers make the trek to Omaha, Nebraska, to see Buffett anyway. Longtime shareholders make the trip to listen to Berkshire's vice chairman, Charlie Munger.

But even speaking with the inimitable Munger, who's probably the smartest guy in U.S. business, wasn't at the top of my list.

I really wanted to see a floor model of one of Berkshire's newest acquisitions -- the BYD (BYDDF.PK) car.

You see, all of Berkshire's companies display their wares in the exhibition hall at the Qwest Center in Omaha, from the GEICO gecko to Fruit of the Loom, and tucked off to one side was a BYD vehicle, complete with a leather interior, an atypical option for BYD cars, which are barebones and compete on price. (more)

Learn How To Get Ripped
Gain 20+ Pounds Of Muscle Drug Free
Tips And Tricks To Gain Muscle Fast

No comments:

Post a Comment