What do people view as the pros and cons of being a center book analyst at a pod shop? Is there more progression potential from the visibility? Less in depth sector learning because you report to someone who’s not as in the weeds? More pressure from reporting to someone more senior?
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What is a center book analyst?
In some pod shops there’s a “center book” run by the head of the the division (like te head of Surveyor or CGE or P72’s equity teams) that takes in ideas from across the various pods reporting to them. The analyst presumably (though I don’t know for sure) does independent work on those names to validate the thesis and then the name gets added to the center book. Sort of a “best ideas” pod pulling in from the other pods
I'm surprised that role exists. It's typically sector-specialist PMs that pitch ideas for the center book. I don't see how a generalist analyst is going to add much value critiquing an insurance stock pitch that has been submitted by a financials PM with 10 years of experience in the sector.
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