Breaking into ER

Creating a portfolio of research reports and contributing to financial news sites like Seeking Alpha can indeed be beneficial when breaking into Equity Research (ER). Here's why and how you can leverage these strategies:

1. Portfolio of Research Reports:

   • Having a portfolio of well-crafted research reports demonstrates your analytical skills, understanding of financial modeling, and ability to articulate investment theses.
   • It provides tangible evidence of your capabilities, which can be referenced during interviews or included in your resume.
   • Focus on quality over quantity. Ensure your reports are detailed, include valuation models (e.g., DCF, comparables), and present a clear buy/sell/hold recommendation.

2. Contributing to Financial News Sites:

   • Writing for platforms like Seeking Alpha showcases your ability to analyze markets, communicate ideas effectively, and engage with a financial audience.
   • It can serve as a form of "published work," which adds credibility to your profile.
   • Highlight your contributions on your resume under a section like "Publications" or "Relevant Experience."

3. Other Ways to Showcase Work Product:

   • Stock Pitch Competitions: Participate in these to gain experience and demonstrate your ability to pitch investment ideas.
   • Networking: Share your research with professionals in the industry to get feedback and build connections.
   • Certifications: Pursue certifications like CFA or enroll in financial modeling courses to strengthen your technical skills.
   • Internships: Secure internships in ER or related fields to gain hands-on experience.

By combining these strategies, you can build a strong case for your candidacy in ER roles.

Sources: Investment Banking Resume Template - Official WSO CV Example, Investment Banking Resume Template - Official WSO CV Example, Breaking into buy-side equity research - my experience, Long term, concentrated, deep fundamental investing, Q&A: Sell-Side Equity Research today