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News and my thoughts from the last week (04 Mar 2024) - BYD, CBO & CRE

@KYHBKO
News and my thoughts from the last week (04 Mar 2024) BYD is set to announce a 4-million-unit target, with a higher 4.2 million sales forecast given to suppliers, including 2 million BEVs, and 2.2 million PHEVs, according to local media. - CnEVPost BYD to tap the electric motorcycle market from BYD X post BYD marks a historic day with the launch of the BYD DOLPHIN MINI across Brazil and Mexico. As the most compact and vibrant member of the Ocean Series, the DOLPHIN MINI is the most anticipated 100% electric hatchback, packed with innovative technology at an attainable price. The perfect vehicle to shift the market from ICE vehicles to EVs. - BYD If we treat sales during COVID as a norm instead of the exception, we could find ourselves with wrong expectations, inappropriate planning, and in need of prompt reviews. Image Advice from the late Charlie Munger about investing. Assessments of the present situation weakened in February, as consumers’ views of both business conditions and the employment situation became less favorable. Consumers’ assessments of their personal financial situation also weakened. - CBO The expectation is that the halving will lead to an increase in (Bitcoin) price because people expect supply to become constrained. - CNBC A prime medical office/retail building in Chicago just sold at a shocking 78% 'discount' - yes you read that right The 200k sq ft Clybourn Corridor building sold for ~$20m or $100 per sq ft What did it sell for in 2004? $89M and it was worth far more at its peak Despite its prime location, the retail portion is just ~15% occupied Chicago is facing a commercial real estate apocalypse and there's little to suggest that there's going to be a quick recovery. - Twitter user Triple Net Investor. @TigerStars $BYD Co., Ltd.(BYDDY)$ $S&P 500(.SPX)$ $Invesco Galaxy Bitcoin ETF(BTCO)$
News and my thoughts from the last week (04 Mar 2024) - BYD, CBO & CRE

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