Research

CollaborationAction

Boston University Senior Analyst Forum #1

What We Do About Your VP A Note On Analyst Guide Book For Example: Ever Wondered…? Year Schedule & Deliverables What Is Happening In the World? Your First Few Weeks Semester End Feed Backs Important Points Not to Forget

 

What We Do

Research

CollaborationAction

How do you know if something is a good purchase?

2 brains ≠ >2x smartness | 2 brains ≠ =< 2x smartnessIt’s about having the right mixture of people and managing environment!

“We are going to bully people who do not know!”

Collaboration ≠ CompromisingCollaboration ≠ DominatingCollaboration ≠ Delegate & Receive Collaboration = Working together, and coming up with a better solution

“Good artists copy, great artists steal” – Pablo Picasso (quoted by Steve Jobs)

Investment is like going shopping or finding a spouse!

Track your recommendations to see how right you are!

“The biggest mistake you can make is making the same mistakes”

Be flexible (flexible ≠ switching all the time)

 

Joseph (Joe) McNiff (main) 2010: Junior Analyst of Energy / Telecom 2011: Senior Analyst of Industrials (Steel) 2012: VP of Investment Research Out of club experience: Former 3 year associate for Dawg City

Incorporated and Casco Crossing Pool Boy. Intern for John Hancock and Merrill Lynch. Currently studying (or lack thereof) for the CFA Level I Exam.

Xun Yao Chen 2009: Junior Analyst of Energy (Geothermal Industry) 2010: Sector Head of Industrials (etc.) 2011: Sector Head of Materials (etc.) 2012: VP of Investment Research Out of club experience: business analyst, private equity &

investment banking summer analyst, multi-strategy investments, multi-style investments

About Your VP

Joseph McNiffVP - Investment Research

Xun Yao ChenVP - Investment Research

Do bug other E-board members

 

A Note On Analyst Guide Book

It is NOT complete!

We will update research

materials as we go

BUT DO USE IT

 

For Example: Ever Questioned…?

Why do we have cross sectional analysis for industry review?

What is the purpose of an industry breakdown?

 

Year Schedule

Industry Review (POSITIVE OR NEGATIVE?)

Company Analysis (BUY

OR SELL)

Investment Recommendation

Remember, the fundamentals can change during your period

of research. That is OK!

 

What Is Happening In the World and Market?

 

Your First Couple of Weeks

Pick a regular meeting time and

place (first meeting does not have to be in a

classroom)

Get to know your JA and keep track of new JA (don’t

forget to take them out of the other

sector)

Know what industries are in your sector and

pick an industry of your group’s

interest

If there is an INDUSTRY we STRONGLY DISCOURAGE, we will NOTIFY YOU

Put these information on the SHARED GOOGLE EXCEL

 

End of Semester Feedback

E-boardJunior Analysts

Sector Heads

Measurements

1. Research Skills• Analysis• Knowledge• Quick to learn new concepts

2. Leadership and Team Skills• Communication• Teaching • Acknowledges mistakes• Corrects mistakes• Open minded

THIS IS YOU

Senior Analysts

 

Research Tone down the language so that Junior Analysts can understand Research: Direct, do and collaborate. Do not solely rely on Junior Analysts (they know little) Use what you know and learned in class Use everyone and anyone as resources (including other senior analysts) — you might need to

make appointments Hard resources: GOOGLE has a lot of stuff, do not forget books, articles and magazines (do some

digging and thinking before asking around)

Collaboration Have objectives for your team meetings and think of how to approach the objectives Be or sound confident It’s managing environment, not managing people Ask other members to find out what was successful for them and why? Sometimes, it is not them, but it is YOU: HOW YOU SAY, and WHAT YOU SAY Get to know your junior analysts by doing something outside of the club

Important Points Not to Forget

 

HOW MANY PEOPLE CHECK FB and PREFER USING FACEBOOK DOWNLOAD

 

Don’t Forget

Research

CollaborationAction

 

What Is a Senior Analyst Responsible For?

• Train future leaders of club• Spark Interest• Mentorship

Teach

• Ask Questions• Be willing to walkthrough and learn the material• Communicate Effectively

Learn & Manage

• Meet Due Dates• Have the Junior Analysts Present• Put effort into the presentation

Perform

 

Calendar the Next Two Weeks

• Deliverable #1: Confirmed room reservation & meeting time, first week of sector meetings

• Sunday 2:00pm via E-mail to VPs of IRSeptember 23rd

• General Meeting #3 • Wednesday 6:00pm PHO 206 (1 Hour)September 26th• BUFC Event #1: 3rd Annual Your Future In Finance

Conference• Saturday 8:00am SMG 208 (8 Hours)

September 29th • Deliverable #2: Select Industry (or have tenative

ideas), & Assign Junior Analysts to a Senior Analysts Industry

• Sunday 2:00pm via E-mail to VPs of IRSeptember 30th

• General Meeting #4:• Wednesday 6:00pm PHO 206 (1 Hour)October 3rd

 

Weekly Meeting times & Room Reservations?

Sector meeting time and date Consumer Energy Healthcare Industrials Materials Technology

Real Estate

Telecom and Media

SA

Jeevan Parameswaran Dave Sell

Raditya Purwahjo Jake Siegel

Stafani Wan

Evan Radkey

Gwen Yang

Paul Camomili

Industry Sector meeting time and date

KCB 104 5-6pm Monday

SA Margaret Therrien

Jeremy Lim Roy Tong Esther Tay

Andrew Hui Jimmy Luo

Christian Woo

MJ Vasquez

Industry

Sector meeting time and date

CAS 220 Sunday 3-4pm

CAS 208 Sunday 12-1pm (not weekly)

 

Keep track of e-mail & Phone Number Attendance (Think Top JA & also Analyst Retention) Helps With Names -> To be sent via E-mail

Taking Attendance (T#1)

 

Make sure they are not overwhelmed, must pace the creation of the presentation and instill that they do not need to know anything

Overview Of Semester Project (T#2)

 

Intro To buinvest.com (T#3)

BUINVEST.COM (LOG-IN INFORMATION):Communicate to JA’s

Username: bufcmember

Password: 12bu2012

 

overview Of 3 Financial Statements & Access (T#4)

 

IBISWorld (T#5)

 

Fall 2012 IR Team Deliverables

• Deliverable #3: Industry Definition & grouping of 6-8 Industry Companies

• Sunday 2:00pm via E-mail to VPs of IROctober 7th

• Deliverable #4: Industry Summary, Additional Industry breakdowns, & Business Model Slides

• Sunday 2:00pm via E-mail to VPs of IROctober 14th • Deliverable #5: Finished all industry intro slides and

developed list of 3-5 trend ideas• Sunday 2:00pm via E-mail to VPs of IR

October 21st • Deliverable #6: Rough draft slides of all trends for presentation, to be

commented on by E-Board• Sunday 2:00pm via E-mail to VPs of IROctober 28th • Deliverable #7: Finished trends slides with quantification and identify 3

potential risks• Sunday 2:00pm via E-mail to VPs of IRNovember 4th

 

Fall 2012 IR Team Deliverables

• Deliverable #8: Finished intro, trends, risks and adding any SA unique aspects

• Sunday 2:00pm via E-mail to VPs of IR

November 11th

• Deliverable #9: Rough draft of finished Industry Analysis, for E-Board review

• Sunday 2:00pm via E-mail to VPs of IR

November 18th

• Deliverable #10: Practice presentations in sector meetings & final edits

• Individual sector meeting times

November 25th – 30th

• Deliverable #11: Final PowerPoint due (prepare print-outs for presentations)

• Saturday 2:00pm via E-mail to VPs of IRDecember 1st

 

Fall 2012 IR Team Deliverables

• BUFC Event #2: First Round Presentations (8 Industries)

• Tuesday 6:00pm SMG 105 (2 Hours)December 4th

• BUFC Event #3: First Round Presentations (8 Industries)

• Wednesday 6:00pm SMG 105 (2 Hours)December 5th

• Deliverable #12: Nominate top Junior Analysts• Sunday 2:00pm via E-mail to VPs of IRDecember 9th