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Warren Buffett reportedly rakes in $1B profits on BYD in less than a year

2009 BYD F3DM - Click above for high-res image gallery You don't get to hold the title of The Richest Person in the World – a title oft-owned by either Bill Gates or Warren Buffett at any given time – without knowing how to make sound financial decisions. While not all of Warren Buffett's investments end up raking in tons of money, his procurement of a ten-percent stake in Chinese automaker BYD less than one year ago has already earned his Berkshire Hathaway Inc. some $1 billion. Driving the rapid rise in BYD's value are its ... Read more →

Warren Buffett's company buys stake in China's BYD Sam Abuelsamid

Warren Buffett reportedly rakes in $1B profits on BYD in less than a year 4 months ago on Autoblog Green

Warren Buffett's company buys stake in China's BYD 1 year ago on Autoblog Green

Warren Buffett is renowned for making money buy investing in companies that he thinks have a some inherent value and holding the stock. So when he or his flagship company Berkshire Hathaway put money down, it's worth taking note. MidAmerican Energy Holdings, which is owned by Berkshire Hathaway, ...

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CAFE – Corporate Average Fuel Economy. A system used in the U.S. to define mileage requirements of new vehicles.

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