Buffet sells Moody’s
23 Jul 2009 Leave a Comment
in General
Dear fellow investors
A while ago I have noted that David Einhorn is short on Moody’s (MCO) and have forwarded his thesis to you. Previously Warren Buffet has also publicly noted that the intrinsic value of Moody’s has been impaired somewhat, but did not say by how much. This news article today shows that the impairment is enough that it pursuaded Buffet to start selling his Moody’s shares.
http://247wallst.com/2009/07/22/buffett-dumps-moodys-mco-brk-a/
