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Traders offloaded more shares of BYD Co. on Monday after a second filing showed Warren Buffett’s Berkshire Hathaway Inc. had further trimmed its stake in the company. The Chinese automaker’s stock dropped as much as 6.8 percent to the lowest level since May 10 in Hong Kong. The selloff extended…
Investment guru follows strategy which focuses on long-term intrinsic value
Investment guru follows strategy which focuses on long-term intrinsic value
Investment guru follows strategy which focuses on long-term intrinsic value
Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of Sept. 1, according to an exchange filing Friday, just days after the legendary U.S. investor began reducing his holding in China’s biggest maker of electric vehicles.