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Moody's: An Impenetrable Moat? (Ticker: MCO) with Joe Kowaleski

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Is Moody's Better Than S&P Better?

I think Moody's and S&P have about 90% market share. I mean, they do say S&P is a little bigger. But if you just look at top line revenue, they're about the same size. And this is just the if if a company came to, let's say, the Ryan and Brett credit ratings agency to get their bonds rated. Is it just the fact that no one would buy them? And our reputation isn't out there for decades.

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