Very detailed article Richard, thanks loads! 2 questions: 1) Attaching resume in the cold email (with and without a job listing), yes or no? 2) How about cold emailing buysiders (PMs)? Thank you!
Resume is less and less important if your LinkedIn profile is strong.
1) If there is an active opening, yes. If not, no. But ... some people just don't like resume in first cold email, but we aren't mind readers, so there is that. No right answer here.
2) If you don't have relevant experience (and you must be intellectually honest here - stock picking experience at a RIA is not institutional caliber buy-side experience), more important to attach a great stock pitch.
Great article Richard. For the Excel model attached to the stock write-up, are you referring to a comprehensive three-statements DCF model that's separate from the stock write-up, or a simple model (like an income statement with future EPS, multiples, and price target) that explain the valuation in the stock write-up?
The latter. Here's the challenge - it's not always a simple model with only EPS if a firm values businesses on FCF, especially for a capital intensive industry.
Very detailed article Richard, thanks loads! 2 questions: 1) Attaching resume in the cold email (with and without a job listing), yes or no? 2) How about cold emailing buysiders (PMs)? Thank you!
Resume is less and less important if your LinkedIn profile is strong.
1) If there is an active opening, yes. If not, no. But ... some people just don't like resume in first cold email, but we aren't mind readers, so there is that. No right answer here.
2) If you don't have relevant experience (and you must be intellectually honest here - stock picking experience at a RIA is not institutional caliber buy-side experience), more important to attach a great stock pitch.
Great article Richard. For the Excel model attached to the stock write-up, are you referring to a comprehensive three-statements DCF model that's separate from the stock write-up, or a simple model (like an income statement with future EPS, multiples, and price target) that explain the valuation in the stock write-up?
The latter. Here's the challenge - it's not always a simple model with only EPS if a firm values businesses on FCF, especially for a capital intensive industry.