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China Mobile Why did you abandon Apple IPHONE?

    BYD bought about as interest.

    Earlier this year, Buffett has lamented sitting on 44.3 billion in cash,ratchet tie dowm but did not find investment targets. When finally found the opportunity in July of this year, funded out of $ 3,000,000,000 acquisition of Rohm and Haas, Dow Chemical. Unexpectedly, the U.S. financial crisis last month, bluster, let him find a new purchase opportunities. September 18, Buffett spent 47 billion U.S. dollars, buy the largest U.S. electricity giant Constellation Energy Group marketing a number of options; also being September 21, spend one billion U.S. dollars to buy Japanese cars and aircraft, machine tool manufacturers Tungaloy Company 71.5% stake. Youyi $ 5,000,000,000 then buy Goldman Sachs shares. With the global stock market plunge last week, Buffett further increase the bargain-hunting efforts.

    29 September, Buffett's Berkshire Hathaway's subsidiary Mid American mainland and in Hong Kong-listed BYD's largest rechargeable battery manufacturer in Hong Kong jointly held a press conference.

    News conference, said the company, a subsidiary of Berkshire Hathaway - U.S. Energy and signed a strategic investment in BYD Company Limited and the share subscription agreement, the agreement, MidAmerican Energy will be 8 per share, HK subscription price of 225 million shares BYD shares, representing approximately 10% stake in BYD, the proportion of the total amount of the transaction price of approximately HK 1.8 billion.

    Buffett shares boosted by the news, BYD shares last Tuesday through Thursday as high as 99% of the total increase.

    $ 3,000,000,000 General Electric preferred stock purchase.

    Following October 2, Buffett has announced the acquisition of General Electric (GE) 30 亿 美元 perpetual preferred shares. This is from the credit crisis began to intensify in recent weeks has been substantial investment by Buffett, the second clearly expressed his confidence in the financial system.

    Goldman Sachs and Warren Buffett had purchased, like General Electric have to make great concessions to Mr. Buffett. It's perpetual preferred shares will pay 10% of the high dividend, and can buy back 10% premium after three years. In addition, Buffett's Berkshire Hathaway also be assured that you can in the next 5 years the price of $ 22.25 per share and then $ 3,000,000,000 acquisition of General Electric common stock.

    Buffett told CNBC television interview, said: "I have observed this company General Electric, long time. Now the market provides us with a lot of investment opportunities, which in 6 months or a year ago was unthinkable. "

    It is reported, GE nearly half the revenue comes from its finance subsidiary. Prior to that, as people worried about GE's market in this precarious because of the size too big about themselves, their share price has fallen by 42%.

    Trying to take advantage Road, Wells Fargo acquired Wachovia.

    The day before yesterday, Warren Buffett once again sent out, a large number of shares held by Wells Fargo Bank announced that it will total 15.1 billion U.S. dollars to buy Wachovia. Previously, Citigroup had announced Sept. 29 the Federal Deposit Insurance Corporation in the assistance will be 2.16 billion acquisition of Wachovia's banking business.

    However, Citibank's acquisition plan has the clear support of the U.S. government, so the acquisition of Wells Fargo stock plans may not allow God to do so.

    Bloomberg News yesterday, the latest news shows, said Citibank, the New York state court on October 4 on the evening drafting emergency instructions, Citibank has been granted exclusive negotiating rights with the acquisition of Wachovia talks.

    Observation.

    Buffett shot does not mean that the stock market bottomed out.

    For large-scale investments during the financial crisis, Warren Buffett in an interview on October 1, said: "Now the share price all seem very reasonable. When other people are afraid when the investment opportunity has come."

    In this regard, Edward Jones & Co Inc. analyst Tom Kersting, said: "Buffett seize the investment opportunities present. His investment philosophy is to always keep some strength. So that he can present this as an opportunity to When sufficient funds to complete any transaction. "

    The Sun Hao Zhe Jiang Lijie analysts believe that Buffett does not mean the stock market bottomed out shot. Because Historically, Buffett has never been a bargain-hunting expert. He never bargain-hunting, just think a lot of buying when the stock value, so the stock may be a lot of years. Current A-share market, too, have a small amount of the investment value of the stock, but the A-share market to be out of the bear market still has a long way to go.

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