If you don't know who is Carlie Munger, you may have heard of his partner in Berkshire Hathaway, Warren Buffett. Charlie Munger was said to have heavily influenced on the way Buffett invest since his early days, and here is Charlie Munger's comments on BYD:
" BYD is getting widely recognized as being in a sweet spot of Chinese electric cars and buses – longevity of Beijing is 10 years less due to emissions – will stop burning gasoline soon; China recognizes that it must change this behavior that is killing tons of people; iron phosphate solution to lithium fire problem is good even though it is heavy; “Even engineers go crazy – a customer says ‘I want the last 2 pounds,’ which will kill you; you can't take any more steel out of the bridge or make a battery any lighter. BYD is in a privileged position but it is not like the company has a first lien on the passage of time.” "
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