Warren Buffett’s Berkshire cashes out Munger’s blockbuster China EV bet after 17-year run
Warren Buffett’s Berkshire Hathaway has quietly wound down one of its most lucrative foreign bets, fully exiting a 17-year investment in Chinese electric-vehicle maker BYD, a stake originally championed by the late Charlie Munger and worth nearly $9 billion at its peak. Berkshire first bought 225 million BYD shares in 2008 for $230 million at…