> On a different note, I found the former sell-side turned buy-side analysts to be the toughest clients to work with. They know exactly how the research game is played, but several seemed to have an especially large chip on their shoulder and wanted to badger the sell-side guys since they had taken that beating for years.
Very, very accurate from what I've seen. Especially from the former aggressive sell side people like the senior analyst I worked with. They somehow get redirected to the most aggressive current sell side people as well (despite stock coverage being assigned however).
My coverage finally didn't have too many contentious names (I took up defensives in fucking 2014 thinking the bull market was ending), but the ones that did had very mellow sell side guys. Whereas the sell side guys handling big tech and consumer discretionary names were aggressive as fuck. For instance, the same senior analyst took like 2-3 hours reading up on my stock before a sell side call, but with the consumer discretionary guy, he used to read up from the night before because (a) the stocks were more complicated, and (b) the sell side guys for these stocks were always super charged dudes with a ton of info directly at their fingertips. You needed to adjust your entire demeanour to deal with them differently.
Very, very accurate from what I've seen. Especially from the former aggressive sell side people like the senior analyst I worked with. They somehow get redirected to the most aggressive current sell side people as well (despite stock coverage being assigned however).
My coverage finally didn't have too many contentious names (I took up defensives in fucking 2014 thinking the bull market was ending), but the ones that did had very mellow sell side guys. Whereas the sell side guys handling big tech and consumer discretionary names were aggressive as fuck. For instance, the same senior analyst took like 2-3 hours reading up on my stock before a sell side call, but with the consumer discretionary guy, he used to read up from the night before because (a) the stocks were more complicated, and (b) the sell side guys for these stocks were always super charged dudes with a ton of info directly at their fingertips. You needed to adjust your entire demeanour to deal with them differently.