In this episode of InDaloop, host Thomas Li welcomes Jerry Diao, also known as Richard Toad, an experienced equity research analyst and blogger. They dive into the world of sell-side research, discussing Jerry's career journey from an actuary to a prominent figure in equity analysis. Jerry shares invaluable insights on what it takes to succeed in the sell-side landscape, emphasizing the importance of relationship-building, resilience, and the ability to tell compelling stories. The...

In this episode of the Indaloop podcast, host Thomas Li welcomes Abdullah Al Rezwan, the author of MBI Deep Dives. They delve into Abdullah's unique approach to selecting companies for his deep dives, emphasizing the importance of building a watch list and understanding business models over rigid screening processes. Abdullah shares insights into the traits of successful companies, particularly focusing on secular winners like Sherwin-Williams, and discusses how a company’s ability to adapt...

In this episode of the InDaloop Podcast, host Thomas Li welcomes Edwin Dorsey, founder of The Bear Cave, to discuss the often-overlooked world of short selling. Edwin shares his unique insights into the art of shorting stocks, highlighting how he identifies companies that mislead investors or harm customers. They explore the motivations behind short selling, the challenges faced by activist short sellers, and the importance of investigative journalism in finance. Tune in as they delve into...

In this episode of InDaloop, Thomas Li addresses common questions from buy-side analysts about maximizing efficiency during earnings season. He shares actionable strategies for spotting trends, managing data overload, and leveraging Daloopa's tools to streamline model updates, ensuring analysts can focus on insights rather than manual tasks.

In this episode, Thomas Li sits down with Ravee Mehta, founder and CIO of Nishkama Capital LLC, to explore the unique strategies that have shaped his approach to investing. From understanding behavioral biases and developing an “empathetic edge” to balancing risk and reward in a dynamic portfolio, Ravee shares valuable insights from his years in the hedge fund world. Whether you're a seasoned analyst or an aspiring PM, this conversation offers a rare look into the mindset behind building a...

In this episode of InDaloop, Thomas Li discusses the concept of volatility in the financial markets, particularly in the context of recent record-breaking fluctuations driven by fears of recession and Fed actions. He breaks down volatility's key role in option pricing through models like Black-Scholes, explaining how options have intrinsic and extrinsic values. Volatility serves as a gauge of market fear, which is reflected in tools like the VIX, often called the "fear index." Li highlights...

In this episode of InDaloop, Thomas Li breaks down the ins and outs of landing a junior analyst role at a hedge fund. From the unstructured recruiting process to nailing the technical interviews and case studies, Thomas offers key insights on how to stand out and secure a role in the competitive hedge fund space. Whether you're transitioning from investment banking or consulting, this episode provides practical advice for navigating the unique challenges of hedge fund recruiting.

Private equity recruiting, specifically on-cycle recruiting, is a unique and intense process that differs significantly from traditional job recruiting. It typically starts 6-12 months before the expected start date and involves filling analyst or associate positions for multiple private equity funds within a few hours. On-cycle recruiting requires extensive preparation, including mastering technical skills and building a network of recruiters and industry professionals. The process involves...

In this episode, Thomas Li interviews Justin Rothhaupt, Senior Solutions Engineer at Daloopa and former sell-side analyst, about the job of a sell-side analyst and the key moments and milestones in the role. They discuss the importance of being inquisitive, balancing repetitive tasks with curiosity, and the preparation required for earnings season. They also explore how sell-side analysts differentiate themselves, the role of research notes, and the value of interactions with clients. The...

Private equity recruiting, specifically on-cycle recruiting, is a unique and intense process that differs significantly from traditional job recruiting. It typically starts 6-12 months before the expected start date and involves filling analyst or associate positions for multiple private equity funds within a few hours. On-cycle recruiting requires extensive preparation, including mastering technical skills and building a network of recruiters and industry professionals. The process involves...

Nate Snyder, founder and CEO of Papyrus and former buy-side analyst and portfolio manager, discusses his journey from the buy side to starting a company that focuses on indexing unindexed audio and video content. The goal of Papyrus is to provide tools that drive time efficiency for analysts and portfolio managers. The conversation explores the value of time in the investment industry and the need for tools that can synthesize and extract insights from large amounts of content. Nate...

In this episode, Thomas Li interviews Justin Rothhaupt, Senior Solutions Engineer at Daloopa and former sell-side analyst, about the job of a sell-side analyst and the key moments and milestones in the role. They discuss the importance of being inquisitive, balancing repetitive tasks with curiosity, and the preparation required for earnings season. They also explore how sell-side analysts differentiate themselves, the role of research notes, and the value of interactions with clients. The...

Andrew Meister, Senior Equity Research Analyst at Thrivent Asset Management, discusses the evolution of financial software and the importance of accuracy in the industry. He shares his experience with tools like Lotus and Excel, highlighting the key features that made Excel more popular. He emphasizes the need for accuracy in financial data and the value of tools that free up time for analysts and portfolio managers to focus on alpha-generating work. You can find Andrew here:...

Abraham Thomas, co-founder of Quandl, discusses the unique characteristics of data businesses and their economic models. He highlights the differences between data companies and software companies, the challenges and advantages of data collection, and the structural and financial differences between data and software businesses. The conversation also explores the concept of minimum viable data sets, the value of data quality, and the accelerating nature of data businesses over time. For...

Ted Merz, former senior executive at Bloomberg, discusses the success of Bloomberg News and the key factors that set Bloomberg apart from its competitors. He highlights the importance of innovation, collaboration, and a customer-focused culture in driving the company's success. Merz also shares examples of how Bloomberg differentiated itself in the news industry, such as delivering news faster than competitors and pre-writing stories based on anticipated outcomes. The conversation also...

Rob Farley, former COO of Wolfe Research, discusses the importance of quality in building organizations and designing products. He shares insights on differentiated research, skepticism, and independent verification. Rob also talks about the challenges and advantages of working in a small firm versus a large investment bank. He highlights the need for nimbleness, transparency, and a focus on excellence. The conversation touches on topics like change management, the role of data in financial...

In this episode, Andy Lee shares the importance of data infrastructure in Parallaxes Capital's investment strategy. Learn how tools like Daloopa play a critical role in their research process, helping to extract higher-value insights and make informed investment decisions. Andy explains how robust data infrastructure can be a game-changer in the niche market of Tax Receivable Agreements (TRAs). For more on Parallaxes Capital visit: https://parallaxescapital.com/ For more on Daloopa...