I am looking for examples of short-term L/S pitches to improve pattern recognition.
There's plenty of material/examples online of long-term pitches in the growth/value/quality camps, but quarterly (3-9m) L/S pitches are very rare and few of high quality.
Please link to any examples or provide advice on how to approach short-term SM/MM L/S idea generation. It would be greatly appreciated.
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Bump
Bump - would love to know how anyone can make meaningful predictions on a quarterly basis
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Thanks for the detailed response
You said forming views on key KPIs can be pretty tricky to do consistently and is basically a coin flip. How do investors consistently generate alpha from variant perceptions of key KPIs?
In addition, does your comment mainly refer to MM model? If so how different do SM think and is it still revolving around key KPIs?
Excellent post. Can't stress how important positioning is in trading quarters.
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Rescinded due to compliance.
what a comment. basically sums it all
World-class!
(A) Getting reps at PEAD and revision based ideas in a smaller sector/sub-sector of interest (providing room for cross-sector/value-chain/logical-chain analysis). Similarly getting reps at quickly sifting through 10-k/10-q drops, finding what matters and where you are different seems doable. Great.
(Q) You touch on talent. As an outsider, it's hard to exactly nail why there is a talent shortfall and why churn is so high (except for the obvious factors and analysts not adding enough P&L through the approach you mention). As such, what does the talent pool lack that can be prepared ahead of time? (i.e. what are the nuances ER/AM/IB analysts should learn and focus on that you have perhaps not mentioned).
All incredibly insightful, thank you!
Great question. Being a star analyst requires creative thinking, concise writing, and understanding your PMs framework. Great pods function like highly knit sports teams — where you have great chemistry, skill, and the willingness to innovate/adapt strategy. Why there’s a lot of turnover is because there’s not a great process for match-making. At larger MMs there is a bit more structure (analysts go into a pool and then interview with PMs), but it’s still not super, and a part of that is just a fact of life (example: how many people do you date before you get committed?).
"PEAD and revision based ideas in a smaller sector/sub-sector of interest (providing room for cross-sector/value-chain/logical-chain analysis)"
Can you please explain what you mean by this? Am I the only one who is lost on what "PEAD" and "logical-chain analysis" are?
Thank you. Great post
feel like a genius for copying that comment in my notes now
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Can you repost? Curious
Pls dm everythingggg
Dm if possible.
Please DM if possible!
Would love it if you could DM, thanks!
Dm plz.
Can u dm me as well?
Could you pls DM? thanks!
Could you please help DM me with what he commented?
Hey, could you please DM as well? Would really appreciate it.
Thank you.
can you dm me too? Thanks
I know this comment is a bit old, but could you please DM? Would appreciate it very much
Could I get a DM as well, please?
Hey any chance you could PM me the comment? Thanks
Hi, could you still DM that by any chance?
Hey man, could you DM the original? Would be really helpful. Thank you.
Bump, am interested in the technical approaches for such predictions
would also really appreciate a DM. thank you v much.
News flash everyone. No one is gonna send you that DM
Not sure why everyone's simping over that comment. It was just about focusing on key factors and front-running PEADS / analyst revisions. Plenty of academic papers on that for you to digest.
Short Tesla vs buy all other car manufacturers in the world proportionate to their current market value.
Is Tesla really worth more than all other car manufacturers in the world combined? Hard to believe that should be the case.
Bro what car manufacturer? It's a robotics company.
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Please DM, thank you!
Any chance someone could please DM me the deleted replies? Thanks in advance
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