Unfazed by Fitch’s downgrade Berkshire is stocking up on US Treasuries

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BREAKING: @WarrenBuffett tells CNBC why he’s not worried about Fitch’s downgrade of the U.S. credit rating …and why it’s not changing anything Berkshire is doing:

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Berkshire, $BRK.A, bought $10 billion in U.S. Treasurys last Monday. We bought $10 billion in Treasurys this Monday. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month” T-bills, per Warren Buffett.