Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q2 2023 call → NOThe question asks whether management describes the company's way of doing things being adopted by others in the market. Let me scan the transcript for any such statements. Looking through the transcript, I see management discussing: - Their strategic goals and execution - Their client franchises - Their financing business growth - Their capital efficiency - Their consumer business transitions I don't see any statement where management describes competitors, new entrants, or others in the market adopting, copying, or moving toward Goldman Sachs' approach, product design, technology, method, or business model. There's no mention of industry standards converging on their design, no mention of others trying to replicate what they do, no mention of the market validating their approach through imitation. Management talks about being a leader, having strong franchises, being well positioned, but these are claims of leadership/differentiation without describing others actually following or adopting their approach. The answer is 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?