Is Investing in Chinese Autos a Good Idea?

Newbie investors often talk about how some famous investor holds a stake in their sacred cow. Sure, Warren Buffett’s holding company, Berkshire Hathaway (BRK-B), may hold shares in Snowflake (SNOW) and StoneCo (STNE), but those positions only account for 0.30% and 0.05% percent of his total stock holdings respectively. And that $333 billion stock portfolio is just part of what makes up Berkshire Hathaway’s holdings. Buffett doesn’t log into his Robinhood account and YOLO into whatever’s trending that day, his investment firm buys other companies outright in the same way retail investors make stock purchases using their brokerage accounts.

Berkshire’s concentrated portfolio of equities has historically been managed by Buffett himself who doesn’t care much for rebalancing. The last holdings report shows Apple occupying 47% of the total stock portfolio exposure. Further down the list in position #13 with a 1% weighting is a company called BYD (1211.HK).

Buffett’s Investment in BYD

In 2008, Berkshire Hathaway bought 225 million shares of BYD for eight Hong Kong dollars (