MCO - Moody's Corporation

Mentioned as a competitor/data provider monitored to cross-reference with MSCI's business in the analytics and data space.

Leelu opened a new position. Described as a toll-booth style financial data and ratings business with high moat, bought at a discount due to AI fears.

Cited as a low-capex, wide-moat business that Chris Hohn is rotating into. Has zero capex. Represents the type of asset-light investment the creator prefers.

Identified alongside S&P Global as a credit rating agency that is down due to AI disruption fears, which Kristophe believes is misplaced. These companies have regulatory moats and proprietary data that AI cannot easily replace.

Akre trimmed the position. Long-term winner that is 'no longer winning.' Being reduced to fund software purchases.

Hohn is buying the dip on Moody's, which is down 14% year-to-date. The company is seen as an AI loser but is actually using AI internally to improve efficiency and margins. It has zero capex requirements, prints cash, and benefits from AI regardless of who wins the AI race. Part of a credit rating duopoly with S&P Global.

Chris Hohn is buying the dip on Moody's, which is down 14% year-to-date. The company is seen as an AI loser but is actually using AI internally to improve efficiency and margins. It's an asset-light compounder with zero capex needs that benefits regardless of who wins the AI race.

Li Lu is buying the dip. Stock down 14% YTD, flat for 2 years. Forward P/E of 25. Host strongly agrees - argues AI is a tailwind (improving efficiency) not a headwind. Moody's has a duopoly in credit ratings with proprietary data and trust that AI cannot replace. Growing revenues, profits, FCF, buybacks, reducing debt. 'Wonderful business at a fair price.'

Similar strong performance to S&P Global with improving margins and benefiting from private capital market disruption. Growing ratings revenue and showing efficiency gains

Monitoring closely to cross-read with MSCI and S&P Global. Had the best earnings last quarter among the three. AI will not disrupt Moody's. Wants to see if it continues to outperform peers.