What Ant Financial Tells Us About the Future of Square. Plus, Why The External View Is So Hard in Digital. (61)

This week’s podcast is on Ant Financial vs. Square. And has an introduction to the inside vs. outside view and base rates.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.Key question: What will drive Square's growth?Metrics for base rates:Sales growthGross profitability (gross profits / assets)Operating leverage. Change in operating profits relative to change in sales.Operating profit marginEarnings growthCFROIRelated podcasts and articles:How Ant Financial / An...