The Best Coverage Group in the World

If you could create your own industry coverage group, what would it be? I'd probably go with Weapons, Automobiles and Consumer Entertainment. Not sure how much dealflow we'd get...

afroman23

 

Might be high risk, but I wouldn't mind working in MAC (Money Launders, Arms Dealers, & Cartels). I figure they would have some nice acquisitions and divestitures--not to mentioning strong international exposure with a variety of asset classes.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
southernlovr:
GS Technology, Media & Telecommunications Group - deals with Disney, Viacom, etc. Top group

This is very Dwight Schrute.

My ideal group would be sports teams and/or beer, wine and spirits.

Life, liberty and the pursuit of Starwood Points
 
petergibbons:
southernlovr:
GS Technology, Media & Telecommunications Group - deals with Disney, Viacom, etc. Top group

This is very Dwight Schrute.

My ideal group would be sports teams and/or beer, wine and spirits.

No, beet farm M&A would be very Dwight Schrute.

I'm like the stripclubs & brothels idea. Imagine doing the due diligence. Plus you could get a few of the ladies to come on the roadshow if there's ever an IPO.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.
 

I dunno gekko if you screw up a deal in that industry it's quite literally your ass on the line. Somehow I don't think they'd be too forgiving of failed acquisitions.

People tend to think life is a race with other people. They don't realize that every moment they spend sprinting towards the finish line is a moment they lose permanently, and a moment closer to their death.
 
Ashley Schaeffer:
swagon:
Paper clip and toilet paper manufacturing

I think that's called Consumer/Retail

If I had meant to include all of consumer/retail in my ideal coverage group, I would have said "Consumer/Retail".

 

I completely agree... I'm just wondering how applicable that is for something like a summer internship. I have friends the year above me who got summer offers at BBs and were told to just list their top group choices. These guys had no idea who else were in the groups and thus wouldn't have been able to gauge fit at all before selecting.

 

Valuation techniques in FIG are very specific. Wouldn't recommend a summer there unless you're sure you like the space.

That being said, I wouldn't recommend going into any coverage group that you aren't interested in. Pick an industry group that peaks your interest, don't worry so much about not being busy because that will take care of itself.

 

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