I just started working yesterday at my internship at a really small boutique that offers research and banking ( if any banking deals actually come to them). So I primarily do, and also get a chance to do an IPO this summer. Because this firm is so small, chinese wall rules do not apply.
A lot of strange things are happening though.
Office politics and technical problems on day one. OK maybe it was just a bad day.
I work mostly with the research analyst except he always shows up late, and the rest of the firm complains. Maybe he just likes to work at home though.
He was blocked over the phone so he couldn't ask questions during an earnings call. Maybe because this is such a small company.
He only covers 3 stocks officially. He follows many others but tells me he won't initiate them. Understandable since its just me, the intern, and him so workload can get heavy. Except he goes against the street on all of them. And not just a tiny bit, but extremely deviating from consensus. Is he a contrarian style analyst maybe?
He seems to be very technologically illiterate. barely knows howto use a PC, weak excel. perhaps due to the different times we were raised.
Apparently doesn't get a salary. He gets paid based on how much research gets sold. Makes sense for a small firm I guess.
Extremely slow speech. I mean VERY slow, enough to annoy you and never want to talk/listen to him. But I hear research analysts are usually on the weird side anyway since they have to study their stocks so deeply. But I really cant understand him over the phone sometimes, nor can any of my friends I showed his voicemail to.
but here's the big one. He gets sued a lot. for personal reasons and work related. wtf?
He has worked at other pretty sizable firms before, even a, but I guess he just lost his steam from those years and ended up with this bad gig.
So is this weird? I wasn't expecting a huge office and to be killing fish on day one but i just feel uneasy about working here. is this just how crappy it gets when you're only a little, no-name analyst.
Should I try to find another internship? the guy said he would be OK if I did it part-time. Or maybe I could try to work for the other analysts who seems more normal and actually get paid.
Or should I just stay. I'm only a sophomore withand VC experience from before. Nobody hiring me in the future has to know how slow this place is right?
Or is this just how it is for small research analysts.