Saturday, March 12, 2011

Chinese Car Maker and "Warren Buffett's Investment

Interesting article with insights on the Chinese market.  Also interesting is that we get a fuller picture from some Wikileak's documents.  We should all be thanking Wikileaks, but instead the U.S. is attacking and looking for a way to prosecute!  That's an aside: getting back to the article, they call it the "Buffett investment," but actually it looks more like it's his Partner's, Charlie Munger, and David Sokol's, chairman of Berkshire units MidAmerican and NetJets, that made the actual call.  It certainly doesn't look like any sort of company that Buffett would go after.  My guess is he went along with it because it would be such a small percentage of Berkshire Hathaway's holdings.