CNBC: Buffett: Berkshire Still AAA "In My Mind"

Published: Saturday, 2 May 2009 | 2:28 PM ET

By: Alex Crippen
Executive Producer

Warren Buffett tells shareholders today that Berkshire Hathaway is "still triple-A" in his mind, but admits he's irritated the company has lost its top credit rating from Fitch and Moody's.

He doesn't, however, think the downgrades will materially hurt the company.

Buffett says no matter how Berkshire is rated, there "can be no stronger credit" for any other company.

Current Berkshire stock prices:

Class A: [US;BRK.A 92005.0 -1995.00 (-2.12%) ]

Class B: [US;BRK.B 3043.95 -21.05 (-0.69%) ]

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