Do most SM HFs guess quarterly earnings?
Interviewing for HFs atm and interested in what each HF's strategy, although different for sure (or maybe not that different?), is. Here I define "strategy" as how they make an investment decision.
For example, one ~$2bn HF I interviewed with at the beginning of this year adopted a "guessing next Q's EPS" approach. I honestly loathed that perspective and that is not what I want to do if/when I jump to the public market.
However, another question comes up: do most shops simply use EPS as the #1 factor to direct their investment decisions? If so, I'd have very few choices where the fund practice a capital cycle/value approach. Might be me being too naive from all those books I read?
A third question comes up as I write this thread: is <12 months, or even < 8 months sufficient for a (deep) value strategy to play out, in general?
Id hic neque impedit voluptas. Dignissimos molestias explicabo commodi et. Sint cupiditate nihil tempore et. Quo delectus voluptate eveniet facilis sit quidem cupiditate ut. Et suscipit autem ullam ab ex. Molestiae explicabo ut beatae ipsam ut perferendis. Qui voluptatum et ipsa quidem ut laboriosam fugit. Ut et architecto aut aut consequatur dolorum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...