The numbers just roll off his lips when he says, "I've seen some deals that are 65% AAA rated that are actually full of 95 percent subprime shit with FICO's below 550."
COLD. HARD. NUMBERS.
What are the numbers that matter your industry? Do you know them cold?
If you have strong metrics, make sure to bring this up early and be specific.
Here's Jared again, nailing the numbers down.
"... these B and BB level bonds went from risky to complete dog shit. I'm talking rock bottom FICO scores, no income verification, adjustable rates... Dog shit. Default rates are up from 1 to 4 percent. If they rise to 8 percent -- and they will -- a lot of these BBB's are going to zero."
Numbers, numbers numbers ...
Notice ...
HE NEVER SAYS SOMETHING THAT DOESN'T HAVE A NUMBER IN IT.
AND most importantly ... if you watch the Jared pitch scene carefully ...
He doesn't pitch alone:
...he brings a team.
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