Personal Finance and Investing

As a firm, this strikes me as a way for them to take advantage of historically low yields in long term bonds as a way to, as the article indicates, refinance floating rate debt that is maturing in the coming days.

(On edit to say...DUH! Dopey! That's pretty much what the article says!

Sorry, don't want to sound as if I wrote the damned thing. Someone a shitload smarter than I am, did!)

It will be interesting to see how Moody's and S&P rates this paper. If it has a decent coupon and is rated well, which frankly, it should be, then it is worth taking a serious look at.

http://www.berkshirehathaway.com/subs/sublinks.html