Gotten to work on my first full-fledged model for an industry that I’m completely not familiar with. Model is 50 tabs and contains a lot of terms that I’m not familiar with. When you encountered your first model, what was your process to be able to master it and work on it with confidence? Many thanks
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I’ve been asked to understand the model in its entirety and be on standby to make changes to the model when investor queries start coming through on a sell-side
Why would you need to knowv where is the person who built it?
Generally when staffed for a live deal as the analyst you’re the one that builds the model from scratch it with the associate therefore you understand the nuances of the model.
I wish things were linear. But associate that was working on it had 2-3 other deals pop up at the same time and needed someone to take the process forward for marginal model changes hence they called a new analyst to be staffed on this.
50 tabs? Look up "overfitting" in computer science... mathematically speaking, that thing is just a waste of everyone's time...
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