At VP, we are always on the quest of bringing everyone on the same page - as quickly as possible.
An extensive Management Q&A such as the MPS one above is obviously an important first step. This ensures that a rich information base, industry & business data points are now available to everyone who wants to analyse/track the business. {In MPS case though, much data/info is already in public domain due to company presentations and concalls, interviews etc, as also important competition/other data points in this thread itself}
But as we mature as investors, we have seen a big difference between the way this information base/data points are INTERPRETED - a novice, a senior practitioner, an expert - often derive pretty different conclusions (not about investment-worthiness but about BQ or MQ) from the same. Sometimes, the REAL INSIGHTS are completely missed. (they are all before us, but somehow the dots don’t get connected)
We were alerted to this early on in 2013/14 when some of the experts/gurus told us - If you had told me this (some useful insight) a year back I would have loaded up on the opportunity. (Astral as an example, PolyMed as another). An industry domain insider will actually add lot more nuance to such interpretations because of his superior understanding.
That led us to struggle with producing Business Quality Insights and Management Quality Insights presentations that forces attention to what patterns we should be looking for/value…much like connecting the dots!
Thankfully with our constant prodding Rohit Balakrishnan and Ayush have produced just what is needed to spur on a more meaningful and insightful discussion on MPS - MPS BQ and MPS MQ Insights documents. Requesting them to share this, ASAP for our passionate Learners at VP !!
Cheers