Ronit Pereira(@CAronitpereira):In 2008, Charlie Munger made Warren Buffett invest in a Chinese EV company - BYD. Berkshire got 10% stake for $225 Million which they sold at a neat profit of $10 Billion in 2025. Here’s Charlie speaking about Wang Chuanfu, founder of BYD: "Wang Chuanfu is a genius. He doesn't speak english and has got 230,000 Chinese employees, and you can't believe what those young Chinese girls can do....whoosh whoosh whoosh."😂 "He was the 8th son of a peasant that creates a little company all by himself, he learns whole new technologies. So, partly I'm betting on the horsemen in this case." -Charlie Munger. 2017. Daily Journal Meeting.

2026.05.31 17:15

In 2008, Charlie Munger made Warren Buffett invest in a Chinese EV company - BYD. Berkshire got 10% stake for $225 Million which they sold at a neat profit of $10 Billion in 2025. Here’s Charlie speaking about Wang Chuanfu, founder of BYD: "Wang Chuanfu is a genius. He doesn't speak english and has got 230,000 Chinese employees, and you can't believe what those young Chinese girls can do....whoosh whoosh whoosh."😂 "He was the 8th son of a peasant that creates a little company all by himself, he learns whole new technologies. So, partly I'm betting on the horsemen in this case." -Charlie Munger. 2017. Daily Journal Meeting.