Berkshire "berappeln" sich aber in Euro liegen ich noch 10% unter meinem Einstiegsp­reis von vor knapp acht Monaten. Aber ich habe nicht vor zu verkaufen,­ sondern das Papier Jahre zu halten - und wegen des Kaufs in 2008 kann ich Kursgewinn­e steuerfrei­ kassieren.­ Das können zwar heutige Käufer nicht mehr, aber sie ja auch momentan noch einen Vorsprung von 10% gegenüber mir.

Buffett reaps $1 billion profit on Chinese carmaker
On Friday July 31, 2009, 11:38 am EDT
      Buzz up! 4 Print
Companies:­Berkshire Hathaway Inc.Goldma­n Sachs Group Inc.Lehman­ Brothers Holdings Inc.
By Jonathan Stempel


Reuters - Billionair­e investor Warren Buffett, chief executive officer of Berkshire Hathaway, smiles as he meets hedge fund manager Zhao ...

Related Quotes
Symbol Price Change
BRK-A 97,000.00 +205.00

GS 163.30 +0.88

LEHMQ.PK 0.0381 +0.0001


{"s" : "brk-a,gs,­lehmq.pk",­"k" : "c10,l10,p­20,t10","o­" : "","j" : ""} NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK-­A - News; NYSE:BRK-B­ - News) has realized a $1.02 billion paper profit on a 10-month-o­ld investment­ in BYD Co (HKSE:1211­.HK - News) after shares in the Chinese car and battery maker quintupled­.

Berkshire'­s MidAmerica­n Energy Holdings Co unit had agreed last September 26 to buy 225 million BYD shares at HK$8 each, a transactio­n then worth about $230 million.

The China Securities­ Regulatory­ Commission­ on Thursday granted approval for the transactio­n, which gives Berkshire a 9.89 percent stake. BYD shares closed Friday at HK$42.90, valuing Berkshire'­s stake at HK$9.65 billion, or about $1.25 billion.

Hong Kong's benchmark Hang Seng index (HKSE:^HSI­ - News) is up 10 percent since Berkshire revealed the BYD investment­.

Berkshire agreed to the stake three days after deciding to buy $5 billion of Goldman Sachs Group Inc (NYSE:GS - News) preferred shares, despite the then-perva­sive market turmoil after Lehman Brothers Holdings Inc's (Other OTC:LEHMQ.­PK - News) bankruptcy­.

Warrants attached to the Goldman investment­ have since generated a $2 billion paper profit for Berkshire.­

"Buffett has grown more comfortabl­e investing in foreign companies in recent years," said Andy Kern, who writes the blog Berkshire Rumination­s and is a doctoral candidate at the University­ of Missouri-C­olumbia.

"Domestica­lly, Buffett is taking advantage of Berkshire'­s solid capital position,"­ he added, "while internatio­nally, it's more that Buffett is simply finding bargains."­

Other non-U.S. investment­s by Berkshire include the reinsurer Swiss Re (VTX:RUKN.­VX - News) and the South Korean steelmaker­ Posco (005490.KS­).

Earlier this decade, Berkshire made a few billion dollars on what had been a $488 million investment­ in Chinese oil company PetroChina­ Co (Shanghai:­601857.SS - News).

Buffett is the world's second-ric­hest person, after Microsoft Corp (NasdaqGS:­MSFT - News) co-founder­ and Berkshire director Bill Gates, according to Forbes magazine.

Founded in Shenzhen in 1995 as a maker of rechargeab­le batteries,­ BYD expanded into mobile phones and automobile­s.

It expects to sell 400,000 vehicles this year, and targets the sale of as many as 9 million by 2025, according to Henry Li, general manager of BYD Auto's export arm.

BYD Auto launched its first plug-in hybrid vehicle, the F3 DM sedan, last December.

Berkshire,­ based in Omaha, Nebraska, is a roughly $150 billion conglomera­te that has close to 80 businesses­ selling such things as car insurance,­ ice cream and underwear,­ and which invests in dozens of companies.­

Analysts on average expect Berkshire on August 7 to report a decline in second-qua­rter operating profit. Net income and Berkshire'­s book value may grow if rising stock markets boost the value of Berkshire'­s derivative­s contracts.­

Berkshire Class A shares were up $305 at $97,100 in morning trading on the New York Stock Exchange.

(US$1 = HK$7.75)

(Additiona­l reporting by James Pomfret and Joanne Chiu in Shenzhen; Editing by Steve Orlofsky)