I will buy Moody's at $58 because (1) Buffet owns 16% (2) consumer
monopoly (3) high profit margin (33% operating margin) (4) strong cash
flow (5) the implementation of Basel 2 will definitely help to boost
its earnings in the coming years (6) if $58 PE is less than 30, which
is quite cheap because they got very little debt, strong growth of EPS
and continuance of stong buyback .
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The first meeting of our new Zenway Superinvestors Club:
http://www.zenway.com/workshops.html