Poll: Moody's and Standard & Poors

Stocks A to Z
1

Remember long ago when WEB bought some Moody’s and had to testify before congress?

Also, he once stated that he never bought or sold anything based on a Moodys or S&P rating (of course).

What is the reason for these businesses?

.

  • No reason whatsoever.
  • They do totally independent, factual analysis that is essential.
  • They are helpful, but pander to huge debtor companies.

0 voters

2

This is interesting.

Berkshire’s debt was downgraded in the past by the rating agencies, right?

And it took far too long for BRKB to be added to the S&P 500.

Have not looked but is BRKB in the S&P ESG?

If you rely on these agencies when you manage your portfolios, how do these ratings assist your thinking?

Just curious…

Something else to quibble over.

:slight_smile: