The Full Feed from HuffingtonPost.com: Warren Buffett's Berkshire Hathaway May Have Lost Up To $300 Million On Moody's Stock: Report

The Full Feed from HuffingtonPost.com The Full Feed from HuffingtonPost.com

Warren Buffett's Berkshire Hathaway May Have Lost Up To $300 Million On Moody's Stock: Report Feb 6th 2013, 23:16 Warren Buffett claims to follow his advice to "never invest in a business you cannot understand." But a few years ago, the billionaire investor admitted in a Congressional hearing that he didn't know much about credit rating agency Moody's or the credit ratings market in general, the New York Times reported at the time. Now that knowledge gap seems to have come home to roost. On Wednesday Bloomberg reported that Warren Buffett's investment firm Berkshire Hathaway may have just lost up to $291.5 million on its Moody's holdings. Read More... More on Warren Buffett

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions