I have never seen anything like it."
That enthusiasm from Munger helped Buffett to overcome his well-known reluctance to invest in technology, because he only likes to put money into things he can easily understand.
Fortune quotes Buffett as admitting, "I don"t know a thing about cellphone or batteries. And I don"t know how cars work." But, "Charlie Munger and (MidAmerican Energy Chairman) Dave Sokol are smart guys, and they do understand it. And there"s no question that what"s been accomplished since 1995 at BYD is extraordinary."