Berkshire Hathaway Retains Credit Rating

Warren Buffett – billionaire investor and CEO of Berkshire Hathaway – just learned that the Standard & Poor’s (S&P) has reiterated its credit rating. After reevaluating the conglomerate, the outlook was even moved up to stable from negative. The overall ratings were definitely kept intact are included by Berkshire Hathaway’s counterparty credit of AA/A- 1+ …

Continue reading ‘Berkshire Hathaway Retains Credit Rating’ »

Warren Buffett’s Words of Wisdom During the Worst Part of the Financial Crisis and How They Relate to 2013

There’s no doubt that 2013 was an incredible year for the financial markets. The S&P 500 entered its fifth year of a bull market, and gained some serious ground by going up 30%. It had its best year since 1997. Nobody predicted that this would happen. The majority of the bullish strategists believed that the …

Continue reading ‘Warren Buffett’s Words of Wisdom During the Worst Part of the Financial Crisis and How They Relate to 2013’ »

Standard & Poor’s Rating Service Knocks Down Berkshire Hathaway Credit Rating

Berkshire Hathaway, led by investing billionaire Warren Buffett, recently had its credit rating dropped from AA+ to AA. Their rating was cut by Standard & Poor’s rating services. S&P made a statement that tells us that even though Berkshire Hathaway maintains an “excellent business profile,” the lesser credit rating “better reflects our view of BRK’s …

Continue reading ‘Standard & Poor’s Rating Service Knocks Down Berkshire Hathaway Credit Rating’ »

Berkshire Hathaway Might Have Lost $300 Million In Moody’s Stock Value

According to Warren Buffett, he claims to follow the specific advice to “never invest in a business you cannot understand.” But he may not have taken his own advice in this instance… During a Congressional hearing a few years ago, Warren Buffett mentioned that he did not necessarily know a lot about the credit rating …

Continue reading ‘Berkshire Hathaway Might Have Lost $300 Million In Moody’s Stock Value’ »

Warren Buffett Isn’t Worried About The Debt Ceiling

Billionaire investing juggernaut Warren Buffett isn’t worried about the debt ceiling so much as some of the other issues that this country is facing. Over the weekend, Buffett mentioned that the $16.4 trillion worth of debt the US currently has isn’t something that most people should be focused upon. “It is not a good thing …

Continue reading ‘Warren Buffett Isn’t Worried About The Debt Ceiling’ »