Sunday, August 7, 2011

Buffett: S&P Downgrade ‘Doesn’t Make Sense’

via Wall Street Pit

  • Buffett told me tonight that Berkshire Hathaway’s T-bill exposure is significant.
  • “Remember, this is the same group that downgraded Berkshire.”
  • When asked whether he was worried about market gyrations Monday, Buffett said, “No.” 
Poster on Free Republic says that Buffett owns Moody's.  I guess we'll see tomorrow what's what.

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