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Showing posts with label Moody's. Show all posts
Showing posts with label Moody's. Show all posts

Wednesday, December 16, 2009

Buffett is selling off Moody's while Gates Foundation sells off Berkshire B's

The NYT article on big three troubled rating agencies with as much as 85 % of market share (moat!)
Just wondering -  if you (Berkshire) own 20 % of something as big as you house, would you know what is going on with it before other people in a world? If you have suspected cracks - quietly sell it.
Link to my older post on Berkshire proposed B-shares 50:1 split can possibly explain why ONLY Gates Foundation is steady selling off their own Berkshire Hathaway Class B shares.

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