Warren Buffett gets into auto dealers in big way
Another article: Buffett: I bought stocks in Wednesdays big selloff
I've read Warren's books and strategies on investing and follow his methods and even have some shares of his company, but this? Since Tesla is having so much trouble and the dealership thing is a joke anyway for EVs, not sure......wondering if he's buying into the game to push whatever product is in BYD.
The billionaire investor announced on CNBC on Thursday that he's buying Van Tuyl Group, the nation's largest privately held car dealership chain.
Another article: Buffett: I bought stocks in Wednesdays big selloff
He said he buys businesses that he thinks will be good for the next 50 years—such as the deal he announced on CNBC Thursday that he's buying the nation's largest privately held car dealership group, Van Tuyl Group.
I've read Warren's books and strategies on investing and follow his methods and even have some shares of his company, but this? Since Tesla is having so much trouble and the dealership thing is a joke anyway for EVs, not sure......wondering if he's buying into the game to push whatever product is in BYD.