- Howie Town
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- There is Nothing FAIR about Fair Issac (FIC)...And They are on Wallstrip
There is Nothing FAIR about Fair Issac (FIC)...And They are on Wallstrip
I am no fan of credit reporting agencies and companies like Fair Issac, mostly because of the information they sell behind our back. Their ‘business intelligence’ is truly creepy and can affect your life.
Intuitively, you would think this stock could not go down. For much of it’s public life, it hasn’t. BUT, I would not own the stock now. Neither would Brian:
I just like a great business model with cash flow up the Wazoo that we could make fun of .
These weasels at Fair Isaac (FIC) have a great business. They have a monopoly on controlling your lending ability. They are god of money. Your ability to get it.
Their website looks innocent enough , but it’s smoke a mirrors. FICO is their game and it’s a racket.
The credit meltdown has hurt them too, but I am not sure if their real exposure is zero or off the chart. The big money seems confused as well. Passeroo until more clarity.
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