Decode Investing
Decode Investing's AI assistant enables users to read, analyze, and review earnings calls. With this tool, users can search and find specif...
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What is Decode Investing?
Decode Investing's earnings calls tool is an AI-powered platform that enables users to read, analyze, and review public company earnings call transcripts using an intelligent AI assistant named Saturday. The tool comprehensively reads earnings call transcripts to extract vital investment intelligence, summarizing key points, extracting financial metrics into tables, identifying risks/challenges/opportunities, analyzing sentiment, and comparing data across past earnings calls.
Key features include automated summarization of earnings call transcripts, extraction of financial metrics into structured tables, quick identification of risks and opportunities mentioned in calls, overall sentiment analysis, comparison of outlooks between past and current earnings calls, versatile company search functionality to access any public company's data, and the ability to answer general investing and finance questions. The platform also automatically generates content for the r/EarningsCalls Reddit community.
This tool is designed for value investors, stock market analysts, individual investors researching companies, and anyone looking to efficiently keep up with multiple companies' earnings calls. It saves significant time and effort when researching companies by eliminating the need to manually sift through lengthy transcripts, making value investing more accessible to average investors through modern software technology.
Decode Investing pricing
Pricing model: Freemium
Free Plan: Includes automated fundamental analysis and ranking for all US public companies, automated valuation and recommendations based on value investing principles, automated assistance for due diligence, and access to SEC 10-K, 20-F, 40-F, 8K, and 10-Q filings. Premium Plan: $119.88/year or $12.99/month - includes all Free Plan features plus ability to save valuations with custom assumptions, create unlimited watchlists and stock screeners, download historical financial records in CSV/JSON format, and more AI assistant tasks/questions per month. Premium Upgrade: $299.88/year or $29.99/month - offers unlimited AI Assistant usage with all Free and Premium features.
Decode Investing pros
- AI assistant Saturday comprehensively analyzes earnings call transcripts
- Summarizes key points from earnings call transcripts automatically
- Extracts financial metrics into structured tables and lists
- Quickly identifies risks, challenges, and opportunities mentioned in calls
- Analyzes overall sentiment of earnings calls
- Compares data and outlook across past earnings calls
- Saves time researching companies and keeping up with multiple companies
- Versatile search feature accesses any public company's data
- Answers general questions about investing and finance
- Eliminates manual sifting through lengthy transcripts
- User-friendly interface suitable for investors of all expertise levels
- Provides insights into company financial health and management strategy
- Helps guide investment strategy with insights from thousands of transcripts
- Streamlined experience for finding specific information quickly
- Enables efficient navigation through earnings call transcripts
Decode Investing cons
- Product still in very early beta/MVP version with potential inaccuracies
- Runs on older OpenAI GPT-3.5-turbo model rather than latest AI
- Some earnings call transcripts may not be found occasionally
- Limited number of AI assistant tasks/questions on free plan
- Requires sign-in to access AI Stock Market Research Analyst features
- Data accuracy may have limitations as early MVP product
- Premium pricing at $12.99/month may be expensive for some users
- Focuses primarily on US public companies only
Frequently asked questions about Decode Investing
What is Decode Investing?
Decode Investing is a set of software tools that help investors discover opportunities and identify risks in the stock market. It is not an investment education company or financial advisor, but rather a software company building modern tools to make value investing more accessible to average investors using today's best technologies.
Who is the AI assistant Saturday?
Saturday is Decode Investing's AI Stock Market Research Assistant specifically designed for earnings calls. It comprehensively reads, analyzes, and reviews public company earnings calls to deliver vital investment intelligence, including summarization, financial metric extraction, sentiment analysis, and risk/opportunity identification.
What algorithms rank companies on the website?
Decode Investing employs a robust algorithm that auto-analyzes all US public companies, ranking them based on historical fundamentals over a 10-year period. The algorithm generates a Value Score composed of ROIC Score (Return on Invested Capital over 10 years), Debt Score (debt payoff value), Management Score (80% ROIC + 20% Debt), and Moat Score (competitive advantage through historical CAGR growth rates).
How accurate is the data?
Data is indexed directly from the SEC Edgar system by pulling and indexing company SEC filings and extracting financial data from XBRL documents daily. However, the product is still a very early MVP with potential inaccuracies or limitations. The founder guarantees the algorithms' data and analysis are mostly accurate and encourages users to do their own research before making investment decisions.
What is the Daily Leaderboard?
The Daily Leaderboard showcases the highest-ranked US public companies according to their fundamentals, updated daily as new financial records (10-Ks, 10-Qs) are indexed and analyzed. Companies must have a Value Score between 100% and 90% and at least five years of financial history to appear on the leaderboard, following Rule One investing principles.
What is Margin-Of-Safety Price?
Margin-Of-Safety Price is calculated using a simplified DCF method including an estimate of the 10-year growth rate, future PE of the business, and current EPS (ttm). The default growth rate is capped at 20% to prevent overly optimistic assumptions, providing investors with a conservative fair value estimate.
What is Payback Time?
Payback Time measures how long it will take to recoup investment capital from free cash flow. It is calculated by projecting free cash flow growth until it equals the market cap. A payback time of 10 years or less is ideal, with 5 years being considered an extreme bargain according to value investing principles.
Who is behind Decode Investing?
Obi Akubue is the founder of Decode Investing. He is a software engineer and value investor who can be reached at [email protected]. He built the platform to pass on value investing principles to a new generation of investors using modern technology.
What AI assistants does Decode Investing offer?
Decode Investing offers three AI assistants: Lima (AI Stock Market Research Analyst for general stock analysis), Saturday (AI Stock Market Research Assistant specifically for earnings calls), and June (AI Stock Market Research Assistant for SEC filings). Each assistant serves different aspects of investment research.
How can I support the community?
You can support the community by joining the Reddit communities /r/DecodeInvesting/ and /r/EarningsCalls/. These communities allow investors to share insights, discuss earnings calls, and connect with other value investors using the platform.