Frank Rotman

Back in 2018, Frank Rotman, then at QED Investors, argued that information would break banking's old model and that a rational consumer with perfect information would move share to the best products.

Now, in a new deck from 37 Maru called Banking in the Agentic Era, the Kepler Correction, he says that rational consumer finally showed up, but it isn't a person.

It's an AI agent.

right? Oh, absolutely.

It completely rewrites the rules.

And welcome to this deep dive into Frank Rotman's 37 Maru deck.

We are going to really get into the mechanics of this shift today.

Yeah, it's a fascinating read.

So obviously, first check is most important.

Frank Rotman at QED is incredible.

When he sends an email, tanks roll.

He's no longer at QED, but that's very effective.