Gold partner Munger three times persuaded Buffett to invest in BYD

Source: Internet
Author: User
Keywords Buffett BYD gold Partner
Shenzhen business newspaper reporter Pan Yong yesterday, Buffett line visit the production base of the trip is extremely confidential, this reporter resorted to all the tricks, many inquiries, and finally from the participants there to learn about Buffett day trip occurred in the interesting content.  "BYD is supposed to be the best combination of cars and new energy," Buffett said, after visiting BYD's production base in Ping Shan, Kwai Chung, Bonhams, and Huizhou, showing confidence in BYD in "The Dream Dialogue Exchange and the 2009 CEO award Ceremony".  Yesterday, Buffett, Bill Gates and Munger, accompanied by Mr Wang, visited BYD's production base in Shenzhen and participated in a forum organised by BYD headquarters in the new district of Ping Shan, where Buffett and Bill Gates accepted questions from participants.  BYD makes the best combination of cars and new energy Mr. Buffett's trip to the production base was extremely confidential, and the mystery of the trip was only opened when the Buffett line appeared at the forum site around 3 o'clock in the afternoon yesterday. As an important investor in BYD, Buffett naturally said to BYD, "BYD is the best combination of cars and new energy companies," and visited some of BYD's production base, Buffett to his investment "emboldened" more sufficient.  Mr. Buffett says the local government is bound to make a huge effort to grow into a world-class enterprise. Buffett's trip to China also has an interesting topic-"Charity". "How do companies like BYD do philanthropy," a participant asked.  "BYD is a green, low-carbon enterprise that is itself the biggest charity in society," said Mr. Buffett, who has made many contributions to philanthropy. "The technological revolution will eliminate a large number of low-end industries, there may be some similar unemployment and other social problems, how you look at this issue," some participants to the "investor" question. "In 1930, the United States accounted for 20% of the population of the population, but today this ratio is only 2%", said Mr. Buffett, if in 1930 said that a few years after the agricultural population decline, few people believe, and now see this is not a problem.  There is no need to worry about new jobs that will emerge over time.  "Do not invest in BYD will miss a Bill Gates" at yesterday's meeting, Buffett told the participants about his gold partner Munger had three times to persuade him to invest in BYD's experience. The first time Munger told Buffett, "If you don't invest in BYD, you're going to miss a Henry Ford." If you don't invest in BYD, you're going to Miss Edison, "Buffett said of Munger, and the second time Mr.  If you don't invest in BYD, you're going to miss Bill Gates. At this moment, sitting on the side of Bill Gates on the face of a knowing smile....  It technology change will be touch screen instead of keyboard mouse as the giant crocodile of IT industry, Bill Gates will naturally not be "spared" by the participants, and many participants have thrown the question to Bill Gates.  "You've made a lot of predictions about the development of it and the Internet industry, and today you can make 5 predictions for everyone," one participant asked Bill Gates. "Need only five?" "I think that in the future touch technology will replace the keyboard and mouse, which will become a major development in the IT world, and cloud computing is a trend in the future," Bill Gates said humorously. "The scene of the" Bobby "trip too mysterious reporter scratching The wall buffett this time to Shenzhen, bitter a large number of reporters.  This reporter 27th, 28th for two consecutive days in BYD Company, anxious to get mad, once want to wall into BYD. Yesterday, "Bafitegets China Line" into the busiest day, will be located in Kwai Chung, Ping Shan, Bonhams, Huizhou BYD Base launched a comprehensive inspection.  Because of the strict protection of Mr. Buffett, including the media is difficult to capture the "Warren" line of the latest developments.  Because of the confidentiality of the trip, even if he knew that the Buffett line will visit BYD's production base, but can not figure out the specific time, a large number of reporters only waiting at the door of BYD headquarters. This reporter 27th hard wait for an afternoon, yesterday afternoon, the reporter again came to BYD headquarters waiting, BYD employees and security at the door is already "ready", vehicles are not allowed to stop at the BYD Gate parking.  Reporter saw a wearing BYD overalls staff want to enter the factory from the gate, also was stopped by security, asked it from the next North 2 door into the factory. The reporter found that the Buffett line of the afternoon Forum event invited guests to participate. Each guest must enter the voucher and must go through security.  Interestingly, after the guests drove to the BYD Center, BYD used the tour bus to transfer guests to a hidden meeting site, the whole process of making the media difficult to paparazzi. (Pan Yong) reporter notes BYD's trip, Warren Buffett is in a good mood "Warren" Buffett in Shenzhen, a short two days of the trip will soon be over, but this year over eight years old in Shenzhen activities, but left an unforgettable scene: 27th, in the "BYD achievements" event site, Buffett speech, Give awards to distributors, play the piano scene, please dealers eat ice cream ... The mood is great. "Investor" this time which is the media speculation before the "lesson" BYD?  It was a special trip to advertise for BYD. Not only that, every time the guest speech ended, Buffett always grabbed the first applause on time, showing a happy smile. He occasionally makes a classic move that investors around the world are familiar with: using his left hand to fiddle with the pinch of hair in his ear. No one knows what Buffett was thinking in his mind. Increase investment in BYD?  Do not rule out this possibility. In the following BYD Outstanding Distributor Award link, 56 dealers have the honor to take the stage together with Buffett photo. There's a dealership.Shang took the president of Mr Wang handed over the plaque after the photo with Buffett, but do not know whether to see "the investor" too excited, he saw Buffett forget the plaque, just want to and Buffett photo, make Buffett had to hand a "admirer", help holding a plaque.  After the photo, the dealer just wake up, hurriedly from Wang's hands took a plaque.  In the pure electric car e6 The cumulative operation 600,000 kilometers celebration ceremony, Buffett is not stingy to the BYD's appreciation, he thinks, BYD is a young, vibrant, has the lofty prospect the company.  Compared with the enthusiasm for green environmental protection, he was also very enthusiastic about the first driver to drive a E6 pure electric taxi, and after holding the photo of the driver, he whispered a few words around him, not knowing whether he spoke Chinese or English, or if the driver understood Buffett's Marian. It is worth mentioning that in the BYD event, Buffett also deliberately sent from the United States to air over 500 DQ ice cream, and his partners to share. (Chenglianhong)
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