Post #93 by EVBigMacMeal on the BYD board

Stocks A to Z / Stocks B / BYD (BYDDY)

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Hadn’t realised Berkshire has sold 2/3rds of the position. Thought it was less than that. Will have a look.

Regarding financing the business with creditors other than debt. Yes that seems to be what’s happening on the face of it. But I am intrigued as to how they can do that. Who is giving them this cheap source of finance? Trade creditors? Related party entities? CCP? I suspect its factor construction related. Anyway, just shows you why Buffett recommends us little people just buy an index.

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