In some ways, Moody's (NYSE: MCO) personifies the boring financial stock paradigm. Warren Buffett looks for top companies that participate in leading the U.S. economy, boring or not, and his holding company, Berkshire Hathaway, owns 13.5% of Moody's stock and is its largest investor. It makes up about 2.5% of the Berkshire Hathaway equity portfolio.
NEW YORK, December 05, 2023--Moody's Corporation (NYSE:MCO) today announced the launch of Moody’s Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial intelligence (GenAI). Leveraging Moody’s extensive proprietary content and the latest large language models (LLMs), the product helps customers generate new insights from the breadth and depth of Moody’s credit research, data, and analytics.
L1 Capital, an investment management firm, released its “L1 Capital International Fund” third quarter 2023 investor letter, a copy of the same can be downloaded here. In the September 2023 quarter, the fund outperformed the Index by 4.0% returning 3.6% (in Australian dollars). Year-to-date, the fund returned 28.3% (in Australian dollars), outperforming the Index by 11.6%. […]