Affirm Holdings Inc (AFRM) Morgan Stanley Technology, Media and Telecom Conference (Transcript)

Affirm Holdings Inc (NASDAQ:AFRM) Morgan Stanley Technology, Media and Telecom Conference March 7, 2024 11:45 AM ET

Company Participants

Michael Linford - Chief Financial Officer

Conference Call Participants

James Faucette - Morgan Stanley

James Faucette

All right. We'll go ahead and get started here this morning. Thank you very much, everybody, for joining us here to talk with the firm. On the fourth day of our Morgan Stanley TMT Conference. Very happy to have Michael Linford CFO of Affirm here.

But before I get started with Michael, I do have an important disclosure to read please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley sales representatives.

So just as an introduction, I'm James Faucette, I lead fintech research for Morgan Stanley. And as I said, I'm very happy to have Michael here to talk about Affirm. And it's -- it's kind of like in a lot of ways, I don't know what could be more daunting than saying, "Oh, yes, we're going to go and we're going to figure out how to not only changed the way payments get made in some ways the way credit is extended and build it all from scratch." So you're a brave man, Michael. I mean to say that.

Michael Linford

We certainly don't lack for audacious thinking.

James Faucette

Audacious ambition, right?

Michael Linford

We have it. That's right.

Question-and-Answer Session

Q - James Faucette

Look, I think one of the places -- the place I wanted to start this morning is that people in the investment community and just like in life in general, we rely pretty heavily on our own anecdotal and personal experience to form our views of what's happening in the world. But a lot of times, that's different than reality. And so -- or