What to invest in on the buy-side

Usually, Jan/Feb is bonus time and as a buy side analyst there are plenty of restrictions of what one is not allowed to invest in. Apart from investing into your firm's own fund/s and real estate, what do you guys invest in?

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Buy coal stocks. Trump isn't going to hound the industry like Obama and coal out competes natural gas on a $ per mmbtu basis. So at least in the short to medium term these equities should appreciate. Illinois Basin, PRB and Northern Appalachia companies. I work in thermal so I cannot attest for MET.

 

Really? I feel like the coal rally is played out. I don't work in coal, but I have been following the industry for the past year or so(was too chicken to pull the trigger on some deeply undervalued coal stocks like ARLP and CNXC) and valuations have gone up a bunch.

 
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