warren buffett

Sometimes building the dream involves a little un-building and renovation. Such is the case with China's BYD (an acronym for Build Your Dreams) that, two years ago, made Warren Buffet a billion dollars in profit and made its chairman Wang Chuanfu the richest man in China, but by the end of last ...

Are Chinese cars nothing more than cheap copies of other automaker's products in other parts of the world? That's a question that's been asked rather widely for the last several years as the numbers of large Chinese automakers has ...

China automaker BYD is in no hurry to launch in the States, and it shows in its plan. BYD has been displaying cars at the North American International Auto Show in Detroit for three years now, and it originally ...

Warren Buffet-backed BYD is in trouble. The Chinese automaker saw profits fall by an astounding 99 percent in the third quarter. The fall was the second largest among the 982 stocks that make up the MSCI Asia Pacific Index. The company saw sales fall by a hefty 25 ...

Wang Chuanfu (above), the founder of Chinese battery manufacturer and automaker BYD is reportedly the richest man in all of China. Already a wealthy man, Bloomberg reports that Chuanfu has jumped a startling 102 places to land himself atop Hurun Rich List, an annual wealth index chronicling the ...

You don't get to hold the title of The Richest Person in the World – a title oft-owned by either Bill Gates or Warren Buffett at any given time – without knowing how to make sound financial decisions. While not all of Warren ...

Harley-Davidson has announced that Warren Buffet's Berkshire Hathaway group will invest $300 million in the motorcycle maker by through a purchasee of senior unsecured notes that will mature in 2014. These funds match a similar investment by Davis Selected Advisers, L.P., which is already the ...

Everyone's broke. Gas prices keep rising and falling. America's three largest manufacturers of recreational vehicles are losing money like their pockets are full of holes. Perfect time to invest.Well, it is if you're Warren Buffett, the richest man in the world, who has made an art out of "buy low, ...

Chinese battery manufacturer BYD can now be mentioned in the same breath as Goldman Sachs: both have recently been given the blue-chip imprimatur by U.S. billionaire investor Warren Buffet. The Oracle of Omaha's MidAmerican Energy Holdings has bought a 10-percent stake in BYD for $230 million.BYD ...

Warren Buffett was impressed after watching CEO Rick Wagoner's performance on CBS's "Face the Nation" a couple of months ago. So, the Oracle of Omaha faxed a note to Wagoner praising him for his work in front of the TV cameras, and promised that his next vehicle would be a Cadillac. Buffett ...