2008 Woodie Awards
Finance Group Hosts Private Equity Fund Analyst
Stoklosa Reveals Ins and Outs of Stock Market
Sheeraz Hyder
Issue date: 2/9/07 Section: Campus News
- Page 1 of 1
"SELL!!! SELL!!! It's up three cents, SELL!!!…No wait… BUY!!! It's down five cents, BUY!!! BUY!!!" To those of you who realized I was talkng about the stock market, odds are you were at a presentation, last Wednesday given by Rob S. Stoklosa sponsored by the Stevens Finance Group (SFG). This presentation also doubled as the first general body meeting for SFG To those of you who now realize I was talking about the stock market, Stoklosa is a buy-side analyst whose pedigree amounts to a fair degree of knowledge in the field. With a B. S. in Engineering from MIT and Northwestern and a dual MS in Engineering and Oceanography from UPenn and UConn respectively, and an MBA from Wharton, Stoklosa has built a name for himself while working at some of the top names in finance.
Stoklosa covered topics including what an analyst does, the organization of a private equity fund, how the industry is segmented, what to look for in a private equity fund, what considerations a private equity fund makes before buying or selling a stock, job search tips, and technology trends. He also talked through an analysis of a sample company's stock performance over the past year. Stoklosa took the time to answer questions throughout the presentation.
There are two types of analysts in the stock market: Buy-side and sell-side. Buy-side analysts are the ones who have to pick which stocks are worth investing in (and be right 51% of the time), they also visit companies, create models and write reports reflecting their decisions. Sell-side analysts rate stocks, research various companies, and they have to interact with clients, salespeople, investment bankers and traders. Sell-side analysts also live by the "publish or perish" rule that governs university professors.
Buy-side analysts are the ones who manage money while sell-side analysts manage information. Their organizational structures also differentiate. On the buy side, there is the CIO, the portfolio manager, senior analysts, junior associates, and assorted staff. On the sell side, there is the head of equity, the director of research, analysts, and various assistants and administrators. The buy side funds also have many different types including: mutual, institutional, hedge, private equity, leveraged buyout, alternative and venture capital.
Funds are also structured into large, medium, small, and micro funds and these are cross-structured with growth, core, and value funds with these further cross-sectioned with team and pools funds with domestic and international divisions. Fund analysts also take many variables into consideration such as various cycles (economic, industry, company, product and technology, to name a few) along with their income statements and the federal discount rate.
Ratios also play a role as analysts look at price versus sales, and debt versus equity to name a few of the important ones. Finally the analyst has to look at the stock's balance sheet and figure out whether the stock's performance is commendable enough to be worth investing in. Analysts also look at trends trying to figure out where the market is going based on where it's been. SFG is forecasting a bullish year as they seek to increase interest in their activities.
Stoklosa covered topics including what an analyst does, the organization of a private equity fund, how the industry is segmented, what to look for in a private equity fund, what considerations a private equity fund makes before buying or selling a stock, job search tips, and technology trends. He also talked through an analysis of a sample company's stock performance over the past year. Stoklosa took the time to answer questions throughout the presentation.
There are two types of analysts in the stock market: Buy-side and sell-side. Buy-side analysts are the ones who have to pick which stocks are worth investing in (and be right 51% of the time), they also visit companies, create models and write reports reflecting their decisions. Sell-side analysts rate stocks, research various companies, and they have to interact with clients, salespeople, investment bankers and traders. Sell-side analysts also live by the "publish or perish" rule that governs university professors.
Buy-side analysts are the ones who manage money while sell-side analysts manage information. Their organizational structures also differentiate. On the buy side, there is the CIO, the portfolio manager, senior analysts, junior associates, and assorted staff. On the sell side, there is the head of equity, the director of research, analysts, and various assistants and administrators. The buy side funds also have many different types including: mutual, institutional, hedge, private equity, leveraged buyout, alternative and venture capital.
Funds are also structured into large, medium, small, and micro funds and these are cross-structured with growth, core, and value funds with these further cross-sectioned with team and pools funds with domestic and international divisions. Fund analysts also take many variables into consideration such as various cycles (economic, industry, company, product and technology, to name a few) along with their income statements and the federal discount rate.
Ratios also play a role as analysts look at price versus sales, and debt versus equity to name a few of the important ones. Finally the analyst has to look at the stock's balance sheet and figure out whether the stock's performance is commendable enough to be worth investing in. Analysts also look at trends trying to figure out where the market is going based on where it's been. SFG is forecasting a bullish year as they seek to increase interest in their activities.