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BYD's excellent leverage ratio will soon deteriorate noticeably

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I'm generally not a fan of car shares. The only one I have in my portfolio is $1211. I will add to it if it goes down a bit more. $1211 has the entire value chain in its own hands and they will prevail simply because they have many more opportunities to squeeze out cost increases.
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I am relaxed and continue to bet on BYD (largest single stock position)
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