# Why are CDOs hard to value?

**URL:** <https://boards.straightdope.com/t/why-are-cdos-hard-to-value/487672>\
**Category:** Great Debates\
**Created:** [February 27, 2009, 4:30pm UTC](https://boards.straightdope.com/t/why-are-cdos-hard-to-value/487672 "2009-02-27T16:30:52Z")\
**Posts on this page:** 1\
**Page:** 3

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**Author:** ![Digital\_Stimulus](https://avatars.discourse-cdn.com/v4/letter/d/aeb1de/32.png) [@Digital\_Stimulus](https://boards.straightdope.com/u/Digital_Stimulus)\
**Post date:** [March 11, 2009, 12:53am UTC](https://boards.straightdope.com/t/why-are-cdos-hard-to-value/487672/41 "2009-03-11T00:53:38Z")

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> [@smiling\_bandit](#):
>
> I’m saying I trust someone’s gut impulse, where the acknowledge it as such, over a mathematical model which claims to be absolute.

Ah, so there _is_ a fundamental misunderstanding of financial models, particularly concerning their “claims” (which is **never** absolute). Or, if it’s not a fundamental misunderstanding, then it’s intellectual laziness and/or willful ignorance.

Again, not that that has anything to do with my original diatribe.

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