Some decisions in life deserve serious, thoughtful contemplation.
Other times, you have to make a split-second decision and live with the consequences.
Picking companies to pitch in hedge fund and private equity case studies falls somewhere in the middle.
If you already have a few companies in mind, you need to decide on one quickly – but if you have no clue where to start, then you need more time to consider your options…
…but not too much time, or you’ll never finish the case study.
But it’s also tricky because a company that’s good to invest in (in real life) is NOT necessarily good to use in a case study or stock pitch.
To illustrate how this process works, I’m going to walk you through how we decided on one of the companies in our main valuation case study – Jazz Pharmaceuticals – and why we rejected dozens of other candidates in the process.
By the end, you’ll have a 5-step process you can use to select companies for your case studies in any industry:
The Punch Line