“If companies have sales overshoots or undershoots, a very high incremental margin relative to a lower stated margin can cause a big profit beat or a big profit loss.”

In Good Company with Nicolai Tangen · John Armitage: How He Invests, Building Egerton, and What Worries Him About AI

Play from 15:16
15:16

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

focuses on incremental margins rather than just headline margins when evaluating profit potential

Said nearby on the same subject

“If you do the hard work up front… you can work for really thin margins… as it scales… incremental margins are really high… Robinhood's incremental margins, it's about 75%.”
♫
Said on Run the Numbers
Contrarian take 75% incremental margin Share this moment
“We’re very focused on the latter rather than focusing on things that we think are going to be very commoditized … multimodal representations”
♫
Said on The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)
Contrarian take Share this moment
“By doing Amplify, you're sort of doing the transformation in little increments ... rather than going big bang”
♫
Said on The Leadership in Insurance Podcast - Insurtech & Innovation
Why it worked Share this moment
“Encouraged folks to do take incremental steps forward rather than trying to embark on the overall massive project”
AF
Amy Fred
All Things Internal Audit ·
Contrarian take Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.