Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q2 2021 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market, and that they treat it as validation. Scan the transcript for relevant statements. Jamie Dimon and Jeremy Barnum discuss various topics: capital, NII, expenses, acquisitions, digital strategy, competition. They mention that they are competing with fintechs, big tech, etc. They talk about being innovative, but do they say others are following their lead? Key points: Jamie Dimon says "we have huge competition in banking and shadow banking, fintech and big tech and Walmart." He says "some of these competitors are going to do quite well." But that's about competition, not about others adopting their specific approach. They talk about international expansion, digital strategy, but no mention of others copying them. They mention that they are "enthusiastically focused on competing" and "making necessary investments to win." No mention of others following. There is a discussion about the G-SIB and capital, but that's regulatory. No statement like "others are now doing what we did" or "the market is converging on our model." The question asks for a specific phenomenon: others following the company's lead, and management treating it as validation. Not present. Thus answer NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?