Mastercard

Discussed in 2 interviews.

Interviews

Spring 2021 Sean Stannard-Stockton Ensemble Capital Interview, p. 26 ↗
Ensemble's three pillars (moat, management, forecastability), the Time Warner mistake, Mastercard as a case study, and a long walk through Home Depot.
Companies: Home Depot, Mastercard, Netflix, Time Warner, Live Nation Entertainment Moats Judging management Quality compounders
Spring 2012 Tom Russo Gardner Russo & Gardner Interview, p. 1 ↗, continues p. 31
Tom looks for managements with the 'capacity to suffer' through early hits to reported profits to build an advantage. He talks about Nestlé, Mastercard, Martin Marietta, Brown-Forman and E.W. Scripps.
Companies: Nestlé, Mastercard, Martin Marietta Materials, Brown-Forman, E.W. Scripps Quality compounders International Judging management