Wisdoms

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Credit Is An Opinion

Jim Grant

Credit Is an Opinion in itself - there is little distinction between sentiment and credit risk

Asset Classes

Fixed Income

Terms

Loan

  • The credit risk of a borrower is not a a factual measured data point - it is an opinion of the underwriter or rater
  • If the sentiment of the person analyzing the credit changes (in regards to the credit), so can the credit rating

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

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