Any ideas what EV stock this Wyatt Investments ad is about?
by jane19 | November 16, 2020 10:43 pm
Wyatt Investment’s free report: Warren Buffett[1]’s Berkshire Hathaway is secretly betting $11.3 BILLION on this EV stock.
Endnotes:
- Warren Buffett: https://www.stockgumshoe.com/tag/warren-buffett/
Source URL: https://www.stockgumshoe.com/2020/11/microblog-any-ideas-what-ev-stock-this-wyatt-investments-ad-is-about/
Ahhh — just heard a Bloomberg article on Chinese co. BYD. Could that be it?
That would make it their 4th biggest holding and it is very hard to buy that much without it being known. I think it is just marketing hype or fertilizer.
Buffett does have a big stake in BYD, but I would guess before looking at the presentation that Wyatt is probably using that idea that “Buffett is buying into batteries” to pitching an unrelated startup — most likely Quantumscape (which is merging with the KCAC SPAC) — will try to check the details, but that’s the wild guess.