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Building Your Dreams With Mr. Munger


Guest ValueCarl
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Guest ValueCarl

While encouraging your partner to bet against his "All In America" pitch, and being in a position-direct negotiation-to exploit the currency exchange rates by 1:10, 1:15, or 1:20 fresh dollars compounded from foreign to US, that's quite a runway for staying ahead of the rest of the lemmings who followed your trade and indirectly bet against their own country too, when the communist influenced piggy is bought by them as an ADR.  :-X 

 

 

2:07 p.m. |Back to BYD

Fortune’s Carol Loomis reads a shareholder question about the auto parts maker BYD. Is Berkshire worried about product delays and other problems at the company?

 

Buffett punts to Munger, who basically says he still believes in the company. “The price is still higher than what Berkshire paid,” he notes of BYD’s stock.     

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