Just finished the MS Nasdaq conference in London. Noticed quite a few people taking notes on their phone, although the guy on my right was swiping tinder. is it considered rude? Or common practice in the US
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Taking notes on phone is absolutely fine. It's done at plenty of buyside and sell-side meetings. Even with management. And I'm in London. Sometimes there simply isn't room for a laptop/iPad or it isn't particularly convenient.
Taking notes on a phone is pretty common now, but it can still come across as rude because people can’t tell whether you’re taking notes or just scrolling. In a formal meeting, I’d probably stick to a notebook or laptop to avoid giving the wrong impression.
I've never seen a very good investor taking notes on his phone
You can bet when the CEO of a company meets with his own people, no one is taking notes on their phone (nor wearing Patagonia vests). It looks terrible. This is typical HF investors being completely unaware.
It’s public markets and you need to be responsive during trading hours. PM is sitting in a meeting with someone for 45mins and will be receiving trade emails & position correspondence from analysts. These need to be reviewed immediately in case something is time sensitive. Anyone who interprets that as rude, generally doesn’t know how HF public markets work. Thats why my firm limits the amount of time PMs have to be meetings to shorter intervals. So they aren’t away from the book too long.
It's completely fine as long as you demonstrate you are clearly engaged and participating in the meeting. Being in the corner typing on your phone and never saying anything will give a poor impression to some management teams.
I am a PM and am constantly in touch with our traders and cap markets through the day. If I have to respond to some IBs on a trade or other live matter during a meeting, it will be done. Whoever I'm meeting with can rest assured they have my full attention to whatever we're discussing.
You should IB or iMessage on your laptop in a meeting so as not to be rude. But honestly if mgmt is filibustering on nonsense to some peers’ stupid 6th question - whatever. Also you may find alot of big pod people just take every single slightly relevant meeting and then by the time the conference comes up, they haven’t ramped on the company or they were only interested in the meeting as color on a supplier/customer of this company and that thesis has since passed. They’re a big pod so they’ll get the next meeting anyway. It’s rude and doesn’t look great. But sometimes something else is more important
its so common these days that whatever hangups people used to have about it as a mark of rudeness (justified or not - can see both sides) - is a tiny minority
more or less it's accepted practice these days
hell, it used to be some mgmt would be visibly offended by ppl taking notes on laptop instead of pen and paper
times change
Honestly I think it’s better than a laptop. Nothing by worse than 10 laptops being stared at in a meeting
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