Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T. Munger · chapter 5 · id poor-charlies-almanack-c5-07-munger-championed-the-byd-inve

“Munger championed the BYD investment through Li Lu's Himalaya Capital, with Berkshire's $232 million stake growing to approximately $7.7 billion at peak.”

holdsconfidence: high✓ ZHP-verified + red-teamed

Receipts

WSJ, 'The Man Who Got Buffett Into BYD' (2009)paywalled — manual check queued

Li Lu introduced Munger to BYD. Munger pushed Berkshire to invest $232 million for a 10% stake.

Berkshire Hathaway 2022 Annual Lettersource alive

Berkshire's BYD position was carried at approximately $7.7 billion at year-end 2022 before partial sales.

This claim is a stable, citable object. If you can falsify a verdict, tell us — corrections are loud here.