How to Prepare an Oil & Gas Stock Pitch – and Prevent Disaster When It Goes Wrong

16 Comments | Hedge Funds & Asset Management - Interviews & Case Studies, Industry-Specific Financial Modeling

Oil & Gas Stock PitchThe stock pitch.

It might just be the most critical part of any hedge fund or asset management interview…

And we ran an entire series on how to construct and present your own stock pitches last year.

As an added bonus, there was an exceptional interview with one reader on oil & gas modeling case studies and stock pitches, where he explained how he moved from a large bank to a top energy fund.

Just one problem: I couldn’t share any of the models or documents back then.

That changes today.

I’m going to share with you a complex NAV model for an oil & gas company, plus a detailed 20-page stock pitch that were “inspired” by that previous interview.

Even if you sign up for every single in-person oil & gas training program and buy every single oil & gas book on Amazon.com, you will not be able to find anything like this.

Keep reading, though, and it’s yours for free.

You’ll also learn why even a well-researched and extremely in-depth stock pitch can be completely wrong and what to do when that happens.

The Video, the Tutorial, and the NAV Model

You can get all the documents and the video walk-through of the stock pitch right here:

What Happens If You Start Your Own Hedge Fund and It Doesn’t Work Out?

25 Comments | Hedge Funds & Asset Management - How to Start Your Own Hedge Fund

Starting Your Own Hedge Fund: Failure and Exit OpportunitiesWe’re back today with the conclusion of this series on how to start your own hedge fund.

When you’re presenting a stock pitch in interviews, one common mistake is failing to address the downside risks and how you might hedge yourself.

And the same is true when starting your own fund or your own company: everyone likes to watch The Social Network and pretend they’ll be the next Mark Zuckerberg, but 90% of start-ups fail within the first 5 years.

With hedge funds, that failure rate is 80% in the first year alone.

So here’s what happens when your own fund doesn’t quite work out – from what you do next to the toll it takes on your body, family, and bank account.

This is my favorite part of the entire series because it addresses the human side of a profession that most people mistakenly believe is completely driven by numbers:

Fund Mergers & Acquisitions: The Right Way to Exit?

How to Start Your Own Hedge Fund, Part 3: How to Hire Your Team and Build an Organization

6 Comments | Hedge Funds & Asset Management - How to Start Your Own Hedge Fund

Hedge Fund HiringOne of the benefits of working as an investor is that you don’t necessarily need to manage large teams to make money.

Many of the most well-known hedge funds have very, very low headcounts, with far fewer employees than normal companies in the same revenue range.

But you still need to hire some people once you’ve started your own fund, unless you want to be doing everything by yourself forever (not recommended).

That’s arguably the toughest part of the entire process, especially when you’re just starting out and barely have any management fees to attract top talent.

Our multi-part series on starting your own hedge fund continues today as we do a deep dive into the hiring process and how you can hire the right talent with limited or no resources.

If you ever want to start your own company of any kind, you need to read this – developing winning investment strategies is great, but it means nothing if you have the wrong people.

So here’s how you can avoid all that and get started on the right foot with hedge fund hiring:

Starting Out

Q: So let’s say you’ve just raised funds, maybe around $100 million in AUM, and you’re about to start operating. What does your team look like at this stage?