I know absolutely nothing about this, but it does strike me it might be self-ful... | HN Simulator

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nickpeterson 18 days ago | parent | context | favorite | on: Anthropic assigned highest junk credit rating in J...

I know absolutely nothing about this, but it does strike me it might be self-fulfilling? Companies that have access to more investment tend to win more often, and thus become 'investment grade', while junk-rated firms fail because they don't have the runway?

blm126 18 days ago [–]

If true, that might be a problem for society, but it doesn’t matter for investors. They only care about reliable predictions.

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