{
  "docId": "019de074-35f4-737d-a24c-ca4b1f4e8edf",
  "docSlug": "41d6ba5d107dd6fd192c9dbb9f028429",
  "documentTitle": "Houlihan Lokey | Investment Banking Pitch Book | 48 slides",
  "authorId": "houlihan-lokey",
  "authorName": "Houlihan Lokey",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2981745,
  "pageNumber": 29,
  "pageCount": 48,
  "prevPage": 28,
  "nextPage": 30,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 24,
  "notes": "The chart shows a significant underperformance of 'Twins' compared to the S&P 500 and peer groups.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-35f4-737d-a24c-ca4b1f4e8edf/29",
  "deckHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf",
  "deckJsonHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf.json",
  "deckAnchorHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf#slide-29",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.85,
        "x": 0.07,
        "y": 0.315
      },
      "kind": "chart",
      "text": "Historical stock performance line chart from July 2020 to September 2022.",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a352ca2-7e9e-4ee3-af9a-ca0000a3ea36",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.07,
        "y": 0.84
      },
      "kind": "disclaimer",
      "text": "Source: Capital IQ as of 10/25/22. Footnotes detailing peer group composition.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b264f936-42d7-4194-a6b3-d66ab68448db",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.7,
        "x": 0.15,
        "y": 0.815
      },
      "kind": "legend",
      "text": "Legend identifying Twins, S&P 500, Workers' Comp Insurers, and Specialty Insurers.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e9542cc6-5021-43fe-ae2b-3af8bd8d335a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.115,
        "w": 0.62,
        "x": 0.279,
        "y": 0.158
      },
      "kind": "table",
      "text": "Table showing returns for Twins, S&P 500, Workers' Comp Insurers, and Specialty Insurers across 6 time periods.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b8fd4896-ae04-4429-99da-2018466c5a17",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "Twins vs. Selected Companies Historical Stock Performance",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4667f8cc-b2f3-45f5-b5be-f2924dcd7f2d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.25,
        "x": 0.07,
        "y": 0.11
      },
      "kind": "title",
      "text": "Total Shareholder Return",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6f0f49af-e3a1-4952-a765-5dc82e9277ce",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 38,
      "from": 27,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "c2bc6854-bc8a-4633-8466-ea4c5729dfff",
      "evidence": "The proposal overview and financial analysis sections provide a comprehensive evaluation of the investment opportunity.",
      "position": 1,
      "objective": "To evaluate the proposal and provide a solution",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.6,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}