Transcript
Introduction
Matt
This is Matt Reustle, and today, we are breaking down the data services giant Equifax. Now historically, I thought of Equifax as a credit bureau. And you have Equifax, Experian, and TransUnion that built this fascinating oligopoly worth studying, but the business has extended well beyond the credit checks on mortgages, and their employee verification tool, The Work Number, might actually be the crown jewel asset today.
So to break down Equifax, I'm joined by Mo Spolan, analyst at Weitz Investments. And we get into both businesses, the unique industry structures that they sit in, the history around competition, and the outlook from here.
And one quick note before we transition to the episode, the newest podcast from Colossus, The Art of Investing, is dropping next week. This is going to be a series of discussions with the world's best investors, company builders, academics, perhaps athletes, artists, any human beings devoted to exploring the joys of compounding in all its forms, and we're dropping our initial episode with Berkshire's Todd Combs next week.