Billionaire investor Warren Buffett says Fitch downgrade won't change Berkshire Hathaway's Treasury-buying plans.
Billionaire investor Warren Buffett doesn’t sound too shaken up by Fitch Ratings’ decision earlier this week to knock its rating on U.S. government debt down to AA+ from AAA.
— Warren Buffett, CEO and chairman, Berkshire Hathaway Billionaire investor Warren Buffett doesn’t sound too shaken up by Fitch Ratings’ decision earlier this week to knock its rating on U.S. government debt down to AA+ from AAA. “Berkshire bought $10 billion in U.S. Treasurys last Monday. We bought $10 billion in Treasurys this Monday. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month” T-bills, the Berkshire CEO and chairman said.
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