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Fortune
Fortune
Nicholas Gordon

Munger says BYD success vs. Tesla is 'almost ridiculous'

(Credit: Patrick T. Fallon—Bloomberg via Getty Images)

Charlie Munger, the right-hand man of Warren Buffett, still thinks his 2008 decision to get Berkshire Hathaway to invest in budding Chinese carmaker BYD—now the world's top-selling EV brand—was one of the best decisions he's ever made.

“I have never helped do anything at Berkshire that was as good as BYD,” Munger said Wednesday during the annual meeting at the Daily Journal Corporation, where Munger serves as a director.

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