BYD's New Supercar, Disney Implements New India Strategy
Feb 26, 2024
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BYD introduces a new high-performance EV supercar aiming to challenge Ferrari and Lamborghini. South Korea's doctor walkout enters its second week, protesting government plans to increase physicians. Essex Financial Services CEO discusses global market trends on Bloomberg Daybreak: Asia Edition.
BYD's new EV high-performance supercar aims to rival Ferrari and Lamborghini in sales and appeal.
Warren Buffett's significant cash reserves reflect the lack of compelling investment opportunities despite successful ventures in tech and AI sectors.
Deep dives
Osage County - Killers of the Flower Moon
Osage County, Oklahoma, is in the spotlight due to Martin Scorsese's film, 'Killers of the Flower Moon,' based on the 1920s Osage murders for oil wealth. The podcast host explores white individuals' acquisition of Osage land and wealth, focusing on a prominent ranching family in the area. This family's ranching empire was built on land initially owned by the Osage nation, raising questions about the means by which it was acquired.
Financial Insights - Warren Buffett and Investment Opportunities
The podcast delves into Warren Buffett's investment strategies and viewpoints on current market conditions. Buffett's significant cash reserves, despite high short rates, reflect the lack of compelling investment opportunities. While Buffett has succeeded in investments like Apple, discussions arise on potential missed opportunities in tech and AI sectors, areas where Berkshire Hathaway is now exploring under new leadership.
BYD's U9 Supercar & EV Market Dynamics
BYD's luxury vehicle release, the U9, garners attention for its potential to rival brands like Ferrari and Lamborghini in sales and appeal. The podcast discusses the performance and battery technology of the U9, highlighting its capabilities to compete with traditional supercars. While concerns about possible oversupply in the European market exist, BYD's focus on expanding its luxury segment domestically showcases potential growth in the EV market.
Chuck Cumello, President and CEO at Essex Financial Services, joins DBA to discuss the latest on the global markets.
Danny Lee, Bloomberg Asia Transport reporter, joins to discuss BYD's new EV high-performance supercar that looks to take aim at Ferrari and Lamborghini.
Jon Herskovitz, Bloomberg East Asia Government Editor, joins the program to discuss South Korea's doctor walkout that is entering its second week.