RogerScott

Why I'm Shorting Moody's

McDonald's has done quite well.


On Oct 16 06:35 PM Angry Banker wrote:

> And the most compelling reason to short Moody's.... Warren Buffett
> has been selling his stake, meaning the company has no future (just
> take a look at the current state of most other companies that Berkshire
> has bailed on in the past....)

Einhorn vs. Buffett on Moody's

Buffett's non use of ratings is not relevant. He would not depend on any outsider even if they were excellent. He has the skills to do his own analysis which is going to be the same or better than the best analyst for any business in his circle of competence. If Einhorn made a big deal about Buffett, he misunderstands him or perhaps he is abusing his name.