Funniest

I can't help it man I need to know what's happening to current quarter's sequential 3-year CAGR momentum to report back to my PM on 2H weighted guidance so he can cancel our weekly sit-down, ignore my idea and day trade EPS MOMO :(

 

At a big podshop, just me and another analyst and PM so not a lot of talking on a day-to-day. There's occasional sellside events and GLG calls but they're usually spread out, most of my day-to-day is data streams, modelling, building infra, reading broker notes.

My floor is quite quiet, I wouldn't say this is a very extroverted role, even in some of the bigger teams here. Idea generation is just me since my fellow analyst has entirely different coverage so we don't really speak much.

 

I couldn't, I've only worked at MM and did a brief SM stint during college.

Generally, I imagine activism is inherently pretty extroverted given the role and the fact that you're engaging with your counterparts, lawyers/consultants, operators/whatever.

The SM I was at was very collaborative, lower portfolio turnover and more concentrated positions so each idea was vet by more than one analyst and there was a lot of discussion/debate about how things will play out amongst the team.

The project nature of the activism work means you're going to be part of a team working on a deal so ultimately will need to discuss strategy and whatnot. I don't know how prevalent this is at MMs, I've given my experience but really I do my work and talk to my PM every now and then about what I think.

 

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