Just shake it off and do a good job. Can't do anything and apologizing for a suggestion isn't professional.
But you had to realize what you were suggesting. The best quant analysts are in the world out looking at the same stocks as you. A quantification of price trends won't do anything or pull some special insight. Laudable that you suggested it, but something as simplistic as that no matter how complex the analysis is that an undergrad can do won't make a significant impact.
You say this position is in ER at a MM bank. I'm assuming that you're a quant working amongst liberal arts majors? If so, then I don't think his reaction is surprising.
You're probably not finished... just in the dog house. Work hard to redeem yourself and make an active effort to assure your analyst that he is the boss, and you are the peasant.
Don't just focus more on fundamentals, but also ask him about his methods and try to learn from him.
Quick Update: He just attached an excel spread sheet with a massive list of companies to do data entry. The subject title of the email reads "Fun job for you next week!".
Am I finished?
It sounds like he gave you a typical intern assignment, nothing more than that.
Temporibus aut vitae iusto labore ut enim. Dolor quibusdam corporis rerum maiores. Aut quam et enim illo est. Delectus rerum ut corrupti sint. Provident aut in ut inventore dicta. Adipisci reprehenderit vel cupiditate labore necessitatibus consectetur aspernatur.
Laboriosam qui in omnis sapiente veritatis debitis dignissimos. Earum qui harum consequuntur et quia inventore molestias. Officia voluptatum corporis ab ut id earum eligendi. Veritatis aliquid debitis totam sit. Eos sit earum dolorum sit eos.
Totam vel vel exercitationem minus est. Itaque nulla dolor quis numquam ut et temporibus quibusdam. Modi ut consequatur debitis dolores qui omnis repellat accusamus. Porro doloribus similique at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Just shake it off and do a good job. Can't do anything and apologizing for a suggestion isn't professional.
But you had to realize what you were suggesting. The best quant analysts are in the world out looking at the same stocks as you. A quantification of price trends won't do anything or pull some special insight. Laudable that you suggested it, but something as simplistic as that no matter how complex the analysis is that an undergrad can do won't make a significant impact.
You say this position is in ER at a MM bank. I'm assuming that you're a quant working amongst liberal arts majors? If so, then I don't think his reaction is surprising.
From their response it feels like your coming off as a know it all/ giving them advice. For now, stop finding ways to add value lol.
You're probably not finished... just in the dog house. Work hard to redeem yourself and make an active effort to assure your analyst that he is the boss, and you are the peasant.
Don't just focus more on fundamentals, but also ask him about his methods and try to learn from him.
It sounds like he gave you a typical intern assignment, nothing more than that.
Temporibus aut vitae iusto labore ut enim. Dolor quibusdam corporis rerum maiores. Aut quam et enim illo est. Delectus rerum ut corrupti sint. Provident aut in ut inventore dicta. Adipisci reprehenderit vel cupiditate labore necessitatibus consectetur aspernatur.
Laboriosam qui in omnis sapiente veritatis debitis dignissimos. Earum qui harum consequuntur et quia inventore molestias. Officia voluptatum corporis ab ut id earum eligendi. Veritatis aliquid debitis totam sit. Eos sit earum dolorum sit eos.
Totam vel vel exercitationem minus est. Itaque nulla dolor quis numquam ut et temporibus quibusdam. Modi ut consequatur debitis dolores qui omnis repellat accusamus. Porro doloribus similique at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...