Warren Buffett hasn’t just seen the car of the future, he’s sitting in the driver’s seat. Why he’s banking on an obscure Chinese electric car company and a CEO who – no joke – drinks his own battery fluid.
Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact. You should invest in a business that even a fool can run, because someday a fool will. And perhaps most famously, Never invest in a business you cannot understand…Â Details