How often do you have a truly differentiated view that no one talks about?
All the large cap names are well studied - it seems tough to consistently come up with a truly differentiated point of view about something that no one has thought of, especially if it's regarding a key driver for the stock. Often I see it more as that there's a well understood bull case and bear case and you do the work to validate either. Or am I just an analyst with weak/mediocre ideas? Interested to get a sense from otherfolks what your experience is like.