On the Fritz

A higher degree of independence for sell-side analysts

As a rule, revealing my occupation (aside from writing a column for US Credit) as the proprietor of an independent research business generates a favorable response. For most people, the word ‘independent’ carries a positive connotation. A noteworthy exception was President Harry Truman, who reportedly said, “I don’t trust a man who calls himself an independent because I know it means the son of a bitch is a Republican.”

For those who value the concept of independence, there’s more to like about