{
  "docId": "019dd923-622c-750b-8b99-9bc71ea7a727",
  "docSlug": "1c31a708e9a6",
  "documentTitle": "Erie Indemnity Company (ERIE)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-10-18 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 3,
  "pageCount": 35,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "table_of_contents",
  "function": "front_matter",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "data_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-9bc71ea7a727/3",
  "deckHref": "/decks/019dd923-622c-750b-8b99-9bc71ea7a727",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-9bc71ea7a727.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-9bc71ea7a727#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.385,
        "w": 0.926,
        "x": 0.037,
        "y": 0.214
      },
      "kind": "list",
      "text": "1. Executive Summary\n2. ERIE Has Just One Client And Faces Potential Fee Reduction Amid Exchange Losses And Surplus Decline\n3. Governance Concerns\n4. Market Share Analysis And Downside Valuation Scenarios From 35% - 55%",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a22d77f-9480-46b2-9070-9b4c3844dbec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.23,
        "x": 0.306,
        "y": 0.055
      },
      "kind": "title",
      "text": "Table of Contents",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9b1bf424-d930-4035-8289-0baa9244f018",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 4,
      "from": 1,
      "beatId": "e662e3c1-cb91-4119-bf9f-6259ecc8d4fc",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Setup",
      "beatSlug": "setup",
      "evidence": "The document sets up the context and background of ERIE.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}