Parsad Posted June 29, 2011 Posted June 29, 2011 Never understood this investment, and things aren't looking good. They need to send in Sokol to turn this thing around...oh, wait! ;D They are going to have to do something, as they are losing sales. Cheers! http://www.bloomberg.com/news/2011-06-28/byd-co-reports-84-decline-in-first-quarter-net-income.html
Guest Dazel Posted June 29, 2011 Posted June 29, 2011 As Buffett has stated "This is a Munger investment". From what I understand it is a bet on the battery technology. Which I nor Buffett understands as he clearly stated...even when he was up many fold on the investment... Munger has a position much lower than where we are at today...Berkshire is up but not anywhere near where they were. Remember they bought on September 28th 2008! Dazel.
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