As we expected, GE lost their AAA rating this morning. That leaves just 5 publicly traded companies in the entire country who now have a AAA rating:
Automatic Data Processing (ADP)
Berkshire Hathaway (BRK/A)
Exxon Mobil (XOM)
Johnson & Johnson (JNJ)
General Electric (GE)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.