A Berkshire Hathaway unit first invested in battery and electric car company BYD in 2008. The Shenzhen-based company has become a major automaker in the world’s largest car market, and sold more than 130,000 pure-electric passenger cars last year.
Is BYD a good investment?
Unlike NIO, BYD is profitable already, although only marginally. Shares are trading for around 130x trailing earnings today, which isn’t a low valuation at all, but which compares favorably to the valuations some other EV stocks are trading at, such as Tesla, which trades for more than 600x trailing net profits.
Who owns Byton?
Is Warren Buffett investing in EV?
In the exciting, but crowded, electric vehicle space, Buffett invested in a Chinese electric vehicle company called BYD (OTC: BYDD. F) several years ago, and still holds the multi-billion dollar position in Berkshire’s portfolio today.
Does Warren Buffet use Vanguard?
Vanguard here too offers a mutual fund (VSBSX) and ETF (VGSH) version. Although Buffett is famous for picking stocks, he has put this simple 2-fund portfolio to use. He has advised the trustees who will manage his wife’s investments after his death to use this portfolio.
What Vanguard ETFS does Warren Buffett recommend?
Vanguard Short-Term Treasury ETF (VGSH)
Buffett recommends that 10% of his wife’s portfolio go to short-term government bonds. Vanguard Funds has an ETF that does exactly that. The Vanguard Short-Term Treasury ETF invests in investment-grade U.S. government bonds with average maturities between one and three years.