Day in my life as an equity research analyst
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
Why GameStop’s Stock Exploded from an Investment Perspective
GameStop’s extraordinary rise in 2021 captivated the world’s markets. It marked a new generation’s stock market. The stock of a struggling retailer turned into the beacon of rebellion— the internet generation versus the entrenched elite. The rise rattled the stock market’s clearing systems. It even led to a congressional hearing. Retail investor Keith Gill turned …
Why I Left Wall Street to Teach Investing
My first taste of finance was in Hong Kong, where I grew up. The most successful people were bankers and traders. They had the money for fancy clubs, designer clothes, and swanky apartments. They all spoke with cool confidence, too. Meanwhile, I was teaching SAT prep, taking the bus everywhere, and drinking beers from 7-11 …
Why Picking Your Own Stocks Can Improve Your Portfolio
Life is more than average. The prevailing wisdom is that no one can beat the market. After all, only one-third of professional fund managers outperformed their index benchmarks over the past 10–15-year period. The obvious conclusion is that if most professionals cannot beat the market, the average investor should not attempt to pick stocks and …