Thursday, February 04, 2010
Berkshire loses AAA rating from S&P
I don't view this as bad news. I view it as an opinion about opportunities for investing excess cash.
The universe of investments available to Berkshire are very limited and I'm surprised that they weren't hell-bent on losing their AAA rating a year ago. Maybe things really did look that scary back then.
“The [Burlington Northern] railroad acquisition will reduce what historically has been extremely strong capital adequacy and liquidity,” S.&P. said. “Risk tolerances appear to have increased.”So Buffett is willing to take on more risk now.
The universe of investments available to Berkshire are very limited and I'm surprised that they weren't hell-bent on losing their AAA rating a year ago. Maybe things really did look that scary back then.
// posted by Bruce @ 10:02 PM 
Comments:
<< Home
Nice, accurate and to the point. Not everyone can provide information with proper flow. Good post. I am going to save the URL and will definitely visit again. Keep it up.
Dissertation Writing | Buy Dissertation
Post a Comment
Dissertation Writing | Buy Dissertation
<< Home
