EJR hosted a client call on 1.28.08 discussing our view of the monoline credit insurance firms and related parties. Names covered were ACA, AMBAC, BSC, CFC, ETFC, FGIC MBIA, MGIC, RDN and ResCap. Clients and prospective clients already on trial should select "Contact Us" to request the audio file, call notes and presentation materials.
It's very clear: Changes in credit precede changes in common.
Get this right, then equity and credit prices fall into place. We get it.
Egan-Jones Clients are forward-thinking equity and debt investors who don't like surprises. They prefer to exploit the transparent high probability predictive-value opportunities we identify from our 1,250 name coverage list. EJR clients "got the memo"; our actionable work helps them anticipate the direction and price level the equity or debt will seek. Want proof? On 4.6.06 we advised clients that a GM bankruptcy was a high probability and to position accordingly.
Ask yourself these two questions:
1. Has Moody's, S&P or Fitch ever made you any money?
2. Wouldn't it be helpful to know the names on our coverage list that we rate up to 3 or 4 qualitative grades lower or higher than the so-called "major" rating firms and why?
We aren't pretty and glossy, nor are we inexpensive - instead, we give you what you need to know in as few words as possible. We provide transparent, predictive-value ratings and equity analysis with investment conclusions necessary to make money and avoid losses across asset classes. Our work is light on personal opinion and heavy on numbers and their strategic investment implications, not on rhetoric. Egan-Jones Ratings have investment implications for both equity and fixed income. Some clients tell us our predictive value work gives them a small edge. Some say a not-so-small edge. Request a brief trial and judge for yourself.
- Federal Reserve and long term academic studies from Stanford University and University of Michigan conclude: "Egan-Jones clients have performance advantages" - Please see: Federal Reserve and Academic Studies.
- No-conflicts-of-interest. Our clients are fiduciaries, hedge funds and the sell side. We receive no compensation from any issuers to rate their securities. See "Contact Us" for a brief trial.