A sell-side analyst’s day at a brokerage house usually starts with an early morning meeting where the trading team and research team meets. The research team briefs everyone with the updates that are relevant. The Analysts reach office early (before anyone from any other department) and collect the updates and prepare a list of updates (sources of
Continue reading A day as a Sell-side Analyst
For some interesting reason I am developing interest in the history of the subcontinent, especially Karachi. The vast number of different communities and their strong backings in Karachi have compelled me to develop some interest in its bygone times. I had detailed history at school in my syllabus but had absolutely no interest at that
Continue reading Interest in History of the Subcontinent
I started managing a private fund in January 2009 in which different friends and family invested. The fund outperformed local equity market by a huge margin in 2009 (118% return) and right now I am managing funds of around Pakistani Rupee 2mn. Since all the investors in the funds wanted to keep it halal, I
Continue reading How I managed my funds
So the first post had to be this one! Right before the start of my lecture, I received a call from my neighbors who told me that my room is flooded! I forgot to close the tap water in the morning and by evening all of my room was filled with water and my socks
Continue reading A lecturer whose room flooded!
Whether it is after graduating, getting a certification through professional studies or just passing a subject, it is always a wonderful feeling. However, when you try to test your achievement right after clearing the professional exams, you feel the disappointment! The problem is that professional studies are just a foundation and your actual grooming starts once you literally begin working
Continue reading Feelings right after getting through professional studies
Following the interest rates set by the central bank of a country is one of the most important tasks of an analyst as it impacts lot of other factors influencing the economy. All the analysts were foreseeing an interest cut, except one; the analyst at JS was expecting 50-100 basis points cut. He was expecting
Continue reading State Bank of Pakistan keeps the Discount Rate Unchanged.
Broadly speaking, the investment world can be catagorized into two groups: a) Sell-side: Entities who have an investment product and want to sell it b) Buy-side: Entities who have money want to buy an investment product to generate returns. Who are Sell-side analysts? Sell-side analysts are analysts who work in sell-side entities. Some examples of
Continue reading Where to start from if you are new to investment industry?
It doesn’t matter where you study or what you study, you can never understand your work unless you practice it. I still remember the void I used to feel while taking lectures during my professional studies. Despite getting good scores in the exams, at heart I always knew that I just don’t know anything. And now that I am
Continue reading Can you really explain to a fish what it’s like to walk on land?