Avoiding paralysis by analysis
Any advice on how to avoid this ? I sometimes get stuck in recurring thought loops, looking at edge cases, or going too deep down the rabbit hole, and I guess the consequence is time that is lost. Any advice on how to organize thoughts, maybe that be writing them down or just figuring what matters vs. what doesn't in formulating an investment thesis.
Another one of those "where is the shortcut" question. You will hate the answer: it takes time and it depends on the name you look at.
Your PM / Senior Analyst should guide you to focus on what matters for a name given to you because they should know the 2-3 things that matter for the story.
A good way on your own is to do a DCF and scenario test which variable drives change in value the most.
Something you really have to figure out for yourself because its a difference process for everyone.
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