Get all your news in one place.
100's of premium titles.
One app.
Start reading
Zenger
Zenger
Business
Shanthi Rexaline

Buffett Unfazed By U.S. Rating Downgrade, Continues $10 Billion Treasury Buying Spree

Billionaire investor Warren Buffett, Chairman and CEO of Berkshire Hathaway Inc, joins California Governor Arnold Schwarzenegger (not in picture) in a coversation during the Women's Conference 2008 at the Long Beach Convention Centre in Long Beach, California, on October 22, 2008. Some 14000 women were attending the nation's premier forum for women. Buffett dropped his view on the U.S. rating downgrade by Fitch, in line with what most economists have said in the aftermath of the development. PHOTO BY JEWEL SAMAD/GETTY IMAGES

Billionaire investor Warren Buffett dropped his view on the U.S. rating downgrade by Fitch, in line with what most economists have said in the aftermath of the development.

Buffett said he was not worried about it and it’s not changing anything that Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) is doing right now in the market, CNBC reported on the Squawk Box, citing exclusive comments made to the outlet.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.