Ensemble Third Quarter Earnings Commentary with The Transcript

8 December 2022 | by Sean Stannard-Stockton, CFA

The Transcript is a research service that scours corporate earnings call transcripts in search of critical insights that are applicable to the broader business community and economy. They also host a podcast in which they interview guests on the lessons to be learned from each earnings season. Ensemble’s CIO Sean Stannard-Stockton appeared on the most recent episode of The Transcript podcast to talk about what we learned during third quarter earnings.

In the podcast, Sean discusses:

  • How investment research has changed since the pre-internet days from a focus on seeking out proprietary information in a world with low information distribution, to today’s high information world in which investors face a firehose of information and must create filters through which they can parse out the signal from the noise.
  • An update on Netflix’s rebounding subscriber growth and the promising signs for their new advertising supported subscription tier.
  • Why Ferrari isn’t a car company because it doesn’t sell transportation and yet why the most critical issue they must navigate is the transition from the internal combustion engine to electric vehicles.
  • What Mastercard’s earnings commentary tells us about the broader economy.

Click on the episode link below to access the podcast.

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