There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
Warren BuffettWe can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
Warren BuffettWe will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.
Warren Buffett