我卖方日子的一天

我让人们发现这个非常相关和有趣，但可悲的是真实。享受。

在卖方的日子里，我住在曼哈顿，我的公寓离办公室3街区。这代表了收入季节的一天，所以这特别糟糕，但更有趣（当然只对您来说。）

上午6:00– Wake up, brush teeth, shower, make coffee.

6:30am- 尝试阅读《华尔街日报》，但失败。取而代之的是，我看了一个小时昨晚的NBA亮点。

上午7:30- 在收听播客的一边介绍一个投资书呆子面试另一个投资书呆子的同时上任

7:45am- 我观察到一群巨大的人，他们等着这辆脆弱的食品卡车，由这位绅士拥有，他以1.50美元的价格出售水状咖啡，陈旧的甜甜圈 /百吉饼，价格为2.00美元。经过15分钟的等待，我轮到我了，并点了“通常的” - 在（百吉饼）卷上有两个鸡蛋的早餐香肠，因为我像冠军一样吃。

我还得到另一个大型咖啡,知道这是一个损失ng day ahead with FOUR of our companies report earnings after market close.

8:00am- 进入办公室。我的医学博士（高级分析师董事总经理）直到上午9点才出现。我检查我的电子邮件，然后与覆盖零售的好友交谈。他是“壁橱买的”，所以与他的每一次对话最终都会长达一个小时，因为我喜欢和他谈论股票。

9:00am– My analyst walks into the office. He is a good guy. He small talks with me briefly, but his office phone rings. He has to close his door and get down to serve clients.

上午9:30– Market opens. Equity sales person begs me to talk to a client, some old dude Portfolio Manager from a Midwest state pension fund who barely trades and is of course asking about the attractiveness of legacy tech companies as investments. I agree to babysit him for an hour, and at least he is long-term oriented.

10:30am- 我的医学博士正在打电话，打电话给我进入他的办公室，集思广益。当然，我已经知道此注释将是浪费时间，并且没有客户会读它。但是，毫无意义地写笔记并不是说服他的想法愚蠢。I prefer him to find out through the lack of client readership and call requests.

我告诉他，我将汇总他的评论。他甚至都没有纠正我的大纲，因为到目前为止，我非常了解他想要什么。

11:00 AM– Getting hungry, but another equity salesperson calls to ask if I can talk to her pod shop client. I fake a stomach ache, cuz I never want to debate with a pod shop person.

取而代之的是，我上楼与我的研究伙伴一起闲逛，他们的研究伙伴涵盖了财务，并试图将一群懒散的人排成一列，以共进午餐。事实证明，其他所有人都有真正的工作要做，所以我回到我的立方体研究幻想足球阵容。

12:00 PM– Lunch time! A coalition of lunch-getter is formed: my teammate, two from the Media team, and two from the Insurance team. We go to this Lebanese place near office. I get my chicken shawarma with extra chicken and extra garlic sauce. Bad, food coma-inducing move on an earnings day, but life is short.

12:30pm- 在办公室厨房里完成食物。是时候在打电话后做一些真正的工作了。

1:00pm- 我开始“准备收入”。今晚我将负责两家公司。我将上一季度的笔记复制到一个新的模板中，并突出显示实际内容时要更新的数字。

3:00pm- 准备准备。实际的工作需要我半个小时。剩下的时间，我去自动售货机大约5次。

3:30pm——我的医学博士终于来到他的感官,四个广告样稿anies are reporting tonight after a full day on the phone with clients and his channel check contacts. He starts tripping out, without knowing my teammate and I have done the prep work (If we count on the him to be a good project manager, we will all be homeless.)

The game plan is: For the HOLD-rated company, my MD will not dial in to congratulate the management on a great quarter. The other three, my teammate and I have to dial into the conference call before it starts and press star-1 to put my MD in queue so he can ask management a question.

We also have to do "call backs" which are exclusive group or 1-on-1 calls with the company management for sell-side analyst to ask more questions. But callbacks usually become a giant schmoozing session so it's a 15-minute to an hour of wasted time for the junior sell-siders like me.

We are now on hold for three earnings conference calls, big boss is in the question queue. We are lock and loaded.

4:15pm– Earnings are out. Two companies beat earnings and raise guidance (the good ol' "beat and raise") and we are BUY-rated, so the big boss is victory lapping.

第三家买入床的公司SHT床，股票下跌了20％，但Big Boss似乎并不在乎，因为我们是左翼银行家。用于管理访问和投资银行费用的买入评级。万博app网页版

5:00 PM- 我听我公司的收入电话，在第三分析员问题之后，该电话会迅速降低信息价值。因此，我开始写笔记，我只是在电话会议上所说的积极反思，并确保在注释中包含对分析师问题的答案。十分简单。

Then I update the models with actual results and goal-seek (oh yes, the secret weapon) my forecast to match the top end of company's guidance (since we are BUY-rated).

7:00pm– Done with all the work, but management callbacks are going to be very late (damn you, west coast companies), so this shapes out to be a midnight day. I order dinner from my favorite Thai place for four days in a row, so at this point it really just comes down to some permutation of Pad Thai, Pad See Ew or Pad Kee Mao (some sort of Pad basically). Also need my Thai iced tea and deep fried Crab Rangoon. Yes, I stress eat. Don't judge.

9:00 PM– My MD barely knew what the quarter result for one of my companies because he was hopping between four earnings calls. I knew he will ask a super generic question on the callback. As always, I was right – he asked "so what inning are we in for 5G?" a question you can even ask a farm equipment company.

下午10:00– My MD ok's my notes and models. I submit for Supervisory Analyst approval. Of course, those SOBs reject the notes, citing that I cannot use provocative note titles, so I had to reword and resubmit.

由于收入季节，有一个长期的票据批准队列。我走来走去惹恼了有20家公司报告的石油和天然气研究人员。我相对感觉好一些。

11:00pm- 笔记已批准。我闲逛了一些，以支持我的队友，因为他正在编写剧本供我的医学博士在明天上午打电话，以解释我们的买入名称的20％。

11:30 pm– We are all done for the day. My MD heads out, implying I can head out 10 minutes after, so that I don't run into him in the elevator. I walk home and crash in bed. Tomorrow I need to come in at 6am for the morning call.