At what price did Nvidia invest in Lumentum?
Warren Buffett’s Berkshire Hathaway began its long-term investment in the Shenzhen-based electric vehicle manufacturer BYD in 2008. At that time, Berkshire Hathaway paid $230 million for approximately 225 million shares, which represented a 10% stake in the company. This investment proved to be highly lucrative over the following 17 years, as the value of the shares grew more than 20-fold before the fund began exiting the position in 2022 and subsequently completing its divestment.
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