New Analyst Training
New analyst training is an 8-week process designed to give new members an actionable set of skills that will prepare them to operate autonomously as fully functioning analysts.
First, new members are introduced to a mental framework that will allow them to approach idea generation from the perspective of a value investor. Then, they learn a comprehensive due diligence and valuation process that is complimented by training in professional research software – Capital IQ and Bloomberg.
Training consists of weekly topical discussions with the portfolio managers, case studies, new analyst presentations, assigned homework / reading, and conversations around professional opportunities in the industry.
Week 1: Introduction to GSIF & Value Investing
Week 2: Accounting
Week 3: Ratios, Multiples, and DCF
Week 4: Discounts + Value Drivers
Week 5: Investment Thesis
Week 6: Portfolio Management
Week 7: Attribution
Week 8: Special Topics in Corporate Finance