I like the framework and find it a very useful way to quickly understand the business and operating environment. However, your 4-part framework doesn't match up with the prompts. Specifically, none of the prompts cover The Outlook points you highlighted. I actually used Gemini in Thinking and Deep Research mode so it pulled in other data points in addition to the 20-F to round out the analysis.
I am new to analytics (and Substack), but not to your podcasts. This is my 1st time actually attempting to do an analysis of a company and I am trying to follow along with this example. When I downloaded the SEC filing for 2023, from the customer relations website for TSMC then the SEC site, 1st I found it's a 20-F not a 10-K, then the # of pages don't match, so I think to myself "maybe it's a different year", but nothing fits, then there are minor differences between what NotebookLM reports to me and your example. I'm not too concerned about the differences because, in general, I can follow your example, plus I get AI makes mistakes and probably won't make the same report 1/2 the time (just a guess). Being new to this, my question is do companies amend their reports or did I grab the wrong report? Can you attach the report you used so we (your followers & subscribers) get answers similar to yours? I really appreciate what you do because this (learning to understand the fundamentals of a company to determine if it's worth my time and money as a part owner) is starting to make sense to me, although I make it hard on myself because I only devote a couple hours a week at learning the process.
I like the framework and find it a very useful way to quickly understand the business and operating environment. However, your 4-part framework doesn't match up with the prompts. Specifically, none of the prompts cover The Outlook points you highlighted. I actually used Gemini in Thinking and Deep Research mode so it pulled in other data points in addition to the 20-F to round out the analysis.
I am new to analytics (and Substack), but not to your podcasts. This is my 1st time actually attempting to do an analysis of a company and I am trying to follow along with this example. When I downloaded the SEC filing for 2023, from the customer relations website for TSMC then the SEC site, 1st I found it's a 20-F not a 10-K, then the # of pages don't match, so I think to myself "maybe it's a different year", but nothing fits, then there are minor differences between what NotebookLM reports to me and your example. I'm not too concerned about the differences because, in general, I can follow your example, plus I get AI makes mistakes and probably won't make the same report 1/2 the time (just a guess). Being new to this, my question is do companies amend their reports or did I grab the wrong report? Can you attach the report you used so we (your followers & subscribers) get answers similar to yours? I really appreciate what you do because this (learning to understand the fundamentals of a company to determine if it's worth my time and money as a part owner) is starting to make sense to me, although I make it hard on myself because I only devote a couple hours a week at learning the process.
Yeah, it’s gotta be the 20-F he’s referring to