Understanding China, One Blog at a Time

An American in China

Warren Buffet to Bail on China’s BYD?

Posted by w_thames_the_d on June 28, 2011

Warren Buffet will supposedly pull the plug on China’s BYD if they continue to lose money. He bought in at a dollar a share and then in October the stock hit nearly eleven bucks. Lately, however, the company qualifies for ‘suckdum’ and is doing little in the way of profits and progress. Over the past two years BYD has done a stellar U$6.5 million in sales, cough cough, and the net profit for the motor vehicle department has dropped 50%. Looks like BYD will be just another crappy Chinese stock….

3 Responses to “Warren Buffet to Bail on China’s BYD?”

  1. gowron said

    I think he’s more concerned with the bad Juju he’s going to get when the victims of Wuling, “1”, Byd, Cherry, recover from their comas (where they had some tripy acid Trip Near Death Experience of hell), and want a piece of Anyone related to the Chinese auto. He’s more concerned with the ghosts of the victims of such accidents (for example those Wuling mini vans poorly designed with designs from the early 80s (those GMC Safarri Roll mini vans), vengeful images of bloodied children with blood tripping from their cute faces asking Why Mr Buffet why did you kill meeeeeee for eternity.

    • wtdevflnt said

      What was the
      Wuling, “1″


      • gowron said

        Those really shitty mini vans? made by the Wuling company, or the one that’s made by the company with the logo as “1” I don’t know the names of these cars. All I know is they’re shit, they’re death traps. because of their 80’s thin wheel design.

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