I hate Equity Research

I remember you from 5 years ago in L2.
Didn’t you ask this same question when you were planning a move to Singapore or something like that ? That was about 3 years ago :)
See you in 3 years.
 
yipikiyay Wrote:
——————————————————-
> in some ways it is harder to make the switch to
> buy side the longer one stays on the sell side,
> there is a bias on the buyside to working with
> ‘moldable’talent, the perception is that the
> longer that one works sell-side, the more rigid
> and static a person’s investment process is making
> that person less attractive to buyside firms
>
> that said, sell side equity research is a good
> place to work for 2-3 years before making the
> jump, the original poster’s 5 years may be a turn
> off for some organizations based on what I’ve seen
> in the past
>
> in any case, making the jump to buyside is
> extremely competitive even for former sell siders,
> so good luck original poster
i totally agree with this
 
So what is the absolute maximum that one must work on the sell-side if he harbors ambitions of moving to the buy side eventually ?
Also , if sell-side is all crap and adds no value etc. , why do we have the buysiders calling my boss every minute of the day. I am sure that they derive some value by speaking to him. Or are there some buysiders think that sell-side is not that bad.
 
Man, I want to go into ER….
can i email you ? Mine is mark.samson11 [% at }% gmail
 
I didn’t like ER either even though I was fortunate to start straight on the buy-side
I have recently moved to a sales/client service position, enjoy it much more. So it depends on what you want
 
after 5 years in SS research you should be a fully analyst
and you should have a MASSIVE list of industry contact where you can solicit job inquiries based on proven research (assuming you are getting research votes)
 
yeah, echoing what builders said. there’s a lot more to being a sell-side analyst than writing earnings summaries. this is probably the least important part of the job (and the part you don’t get paid for).
 
FrankArabia Wrote:
——————————————————-
> I am surprised more people didn’t see this
> earlier. I say about 90% of the reports I read are
> nonsense and just filler.
>
> I always think to myself when reading most of this
> stuff, “this guy gets paid nicely but this job
> must suck having to put together this stuff”.
>
Amen to that! I find myself feeling bad for the poor guys and gals writing so in depth on each report when all I really want to know can be covered in no more than a few pages.
What I wish we could see are more industry reports. Those reports do get read past page one or two and are certainly appreciated.
Pimp, you feel obligated to write so in depth? Could you write one or two pages of good stuff and get away with it?
 
the CS analyst in my sector ( Agri, Foods) “writes” (excluding the financials) only 2 pages as a result update (unlike the 5-6 pagers that come out 7-8 hrs after the earnings call) and is prolly a better analyst than most others.
 
the size of the report is meaningless. those that publish 30 page reports are !diots who have no relevant value-add.
buy-side clients dont have time to read endless dribble on why X company’s margin should be .00005bps higher.
they want to know whats gonna move the stock, and why. quick easy dirty analysis.
if you cant elevator pitch an earnings release (wthether good or bad and why) you’re irrelevant
 
You must log in or register to reply here.
Back
Top