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Moody's
MCO
Financial Services / Credit Rating
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First mentioned:
2000
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16
letter mentions
Investment Timeline
2000
16% stake
“We own about 16% of Moody's Corporation... the dominant credit rating agency in the United States.”
2000 Dot-Com Reckoning - 2000 →
Letters Mentioning Moody's
All Letters →
2008
The Financial Crisis - 2008
Written during the depths of the 2008 financial crisis. Buffett's famous "buy American" op-ed from October 2008 is summarized. He explained that economic Armageddon did not occur, and Berkshire emerged from the crisis stronger, having invested heavily while others panicked.