Henry Chien was an analyst on the award-winning Business Services equity research team at BMO. His clients included the world’s largest hedge funds and asset managers, including JP Morgan, Point72, Citadel, and Bank of Montreal. As a research analyst, he recommended one of the top-ten highest-returning investments (MSCI, +711%) in the S&P 500 between 2016 and 2021. His research has been highlighted in globally respected periodicals, including The Financial Times, Barron’s, and Institutional Investor. He is a CFA charterholder and a graduate of Brown University.
Start work with a good night’s sleep. In finance, you are the product, whether in trading, banking, sales, or research. You need to hit your performance targets by getting votes on the sell side or generating returns on the buy side. Your performance ultimately generates the sales for the business. I realized this early on …
Nearly all fundamentals-driven professional investors use valuation tools to identify and decide on their investment decisions. The discounted cash flow (DCF) is one of the most important methods to assess the value of a stock or any investment. It’s a critical investment skill that you can use for your career and portfolio. This post will …
00:00 Introduction 00:25 Start of day 02:25 Morning call 03:38 Earnings call 05:27 Client calls 06:40 Afternoon 07:00 Helping bankers 08:28 After market earnings 09:11 Social activity
Want to get into the mind of a professional buy-side investor? This interview is with Michael Lasota, an investor with 13 years of experience at asset management firms like William Blair and T. Rowe Price. You’ll learn Wall Street wisdom for investing in the stock market: -How a buy-side investor makes money in stocks. -The …
Watch this video to understand the process of picking a winning stock using fundamentals. 📽️ TIMESTAMPS: 00:00 Three factors to analyze a stock 00:25 MSCI case study 03:31 The signal 07:54 The psychology 10:48 The valuation 13:36 Ideal setup 15:06 When to sell 16:46 New setup
Watch this video to learn how to read a stock’s financial statements like a stock analyst. 📽️ TIMESTAMPS: 00:00 Introduction 00:33 Income Statement 14:09 Balance Sheet 23:21 Cash Flow Statement 30:50 Returns 34:03 Summary 35:08 Next Steps
The interviewee is a nurse-turned-investor. He retired from nursing at 38 after successfully investing in stocks for six years. He achieved a 43% compounded annual return on his portfolio.
In this light-hearted interview, I talk with Kathie Stamps about writing in the investment world!
Why incremental returns on the capital are most important for stock returns (part 1 overview) and how to estimate it with a model (part 2 example) plus a key profit metric that’s not well-known!
Want to understand financial statements? Watch this video to see a line-by-line walkthrough of why crypto miner Riot is a destroyer of shareholder capital.