Warren Buffett's 14-year bet pays off as Berkshire Hathaway cashes in on BYD
Warren Buffett's firm has sold off more than 11 million shares in the EV maker in last month.The hedge fund has sold off more than 11 million shares in theWarren Buffett initially invested $232 million in the group in 2008, with his stake now worth $4.7 billion.
Those numbers, however, don't fully capture Berkshire Hathaway's BYD stock sales over January, because the company only has to file when a transaction changes its percentage stake by a whole number. Data from the filing suggests a total 11,714,858 drop in Berkshire's BYD shares since its last announcement on January 3.
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