October 2, 2017· 37 min

Inside the Changing World of the Sell-Side Analyst

Orality
Model
67%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(875 words)
M:27%
HostTracy Alloway(1,537 words)
M:29%
GuestSteven Abrahams(2,947 words)
M:28%

Oral Indicators

Agonistic29%
literally, completely, very
Engagement64%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
information (52x), research (42x), think (39x)
Parallelism96%
And I'm Joe Wasenthal...., So, Joe, what are we talking a..., And so it was a very special m...
Sound Patterns50%
29 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases7%
i mean, if you will

Literate Indicators

Hedging12%
maybe, probably, might
Passive Voice7%
are reunited, being produced, be focused
Abstract Nouns24%
investment, recommendation, edition
Subordination10%
because, though, provided
Sentence Length47%
Avg: 16.8 words/sentence
Word Complexity50%
investment, analyze, anticipate
Academic Markers5%
research shows
Impersonal Style36%
371 personal pronouns found
Descriptive Style100%
literally, completely, normally

Description

The world of sell-side analysts has been upended in recent years with intense competition, new technology and regulation in the form of MIFID. At the same time, many of the issues being faced by the analyst industry are similar to the ones now faced by the media. On this week's episode, we talk to Steven Abrahams, the former head of mortgage bond and securitization research at Deutsche Bank AG, and now the co-founder and CEO of Milepost Capital Management, about his two decades of experiences in fixed income analysis. He talks about how his role has evolved over the years, what makes a good sell-side analyst and the parallels between the research industry and journalism. See omnystudio.com/listener for privacy information.