{"id":2812,"date":"2024-10-07T13:56:59","date_gmt":"2024-10-07T13:56:59","guid":{"rendered":"https:\/\/bridgewise.com\/?p=2812"},"modified":"2024-10-07T13:56:59","modified_gmt":"2024-10-07T13:56:59","slug":"investment-intelligence-2-0","status":"publish","type":"post","link":"https:\/\/bridgewise.com\/blog\/investment-intelligence-2-0\/","title":{"rendered":"Investment Intelligence 2.0 &#8211; Four Key Takeaways"},"content":{"rendered":"<p><span style=\"font-weight: 400\">At the end of last month, we were privileged to host two veterans of the research industry for a wide ranging discussion on the future of investment intelligence. In our webinar &#8211; Investment Intelligence 2.0 &#8211; <a href=\"https:\/\/www.linkedin.com\/in\/davidlenchus\/\" target=\"_blank\" rel=\"noopener\">David Lenchus<\/a>, Managing Director and Head of Institutional Equities Research at HC Wainwright, and <a href=\"https:\/\/www.linkedin.com\/in\/adeodatonetto\/\" target=\"_blank\" rel=\"noopener\">Dato Neto<\/a>, Former Managing Director of Banco Modal in Brazil and Founder of Eleven Research, joined Bridgewise CIO, <a href=\"https:\/\/www.linkedin.com\/in\/ilan-furman-cfa-1749177\/\" target=\"_blank\" rel=\"noopener\">Ilan Furman<\/a>, to explore the ways data-driven research is changing the way the industry thinks about investment intelligence.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The webinar covered a broad range of subjects that examined the impacts the revolution in data-driven research is having on the industry, including the emergence of truly global trading markets, as well as the tools and solutions professionals in the industry are using with a special focus on AI.<\/span><\/p>\n<p><span style=\"font-weight: 400\">We\u2019ve prepared four key takeaways from the webinar to help you understand how data-driven research is pushing the industry forward. You can of course watch the full webinar below for all the insights.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Investment Intelligence 2.0 | Live Webinar with David Lenchus and Dato Neto\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/GYQRicihv8A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><span style=\"font-weight: 400\">Dato Neto &#8211; Data-Driven Research Helps Us Go Deeper:<\/span><\/h2>\n<blockquote><p><span style=\"font-weight: 400\">\u201cIt is basically about deep-diving. I was always obsessed with the question, \u2018how deep can we dive?\u2019 Whether into equity, bond, or microeconomic analysis, it is all about how deep can you go? If you talk to fund managers and institutional investors, to even individual investors, we are all overwhelmed with information nowadays.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8220;So you deal with what you can reach and what you can structure. And then from an analytical standpoint, when we become able to dig deeper, being data-driven, being helped by structure, by models, and a huge amount of information, we see that it&#8217;s not about raw data. It\u2019s about how you deal with data, how you process it, how fast and how deep you can go, and it changes the industry dramatically.\u201d<\/span><\/p><\/blockquote>\n<h2><span style=\"font-weight: 400\">David Lenchus &#8211; Data is Driving the Need for Efficiency:<\/span><\/h2>\n<blockquote><p><span style=\"font-weight: 400\">\u201cLet\u2019s start with some numbers. In a year, we have about 241 business days to work, factoring in weekends, holidays, vacations, etc. That\u2019s 241 days to work. Now imagine this, in those days an analyst covering 30-50 stocks, over four earnings cycles, and writing two notes per cycle, that\u2019s eight notes per stock, so for just 30 stocks that\u2019s 240 notes, right off the bat, in 241 days.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lenchus added that the above number doesn\u2019t include any of the daily news flow or other content and analyst is expected to write during a year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cSell-side equity research is a labor intensive, high bandwidth task,\u201d he continued. \u201cIn order to do that, you have to use these tools. And the change is that these tools are helping us be smarter, faster, and more efficient. And at the end of the day, that means productivity.\u201d<\/span><\/p><\/blockquote>\n<h2><span style=\"font-weight: 400\">Dato Neto &#8211; Data-Driven Research is Transforming Investment Horizons:<\/span><\/h2>\n<blockquote><p><span style=\"font-weight: 400\">\u201cIt is extremely tough to find companies that you can actually forecast holding a security over 10 years, 15 years, 20 years or something like that. We definitely don\u2019t know how, and understand that we don\u2019t know. I always respected way more what I don\u2019t know, rather than what I do know. So considering what I cannot do, data helps a lot in understanding across different industries, where should I limit my horizon. And that is so important.<\/span><\/p>\n<p><span style=\"font-weight: 400\">When we collect data, from a time horizon standpoint, data driven analysis can help us modulate my horizon. Where is the point in which forecasting ahead of that, increases my risk of making a big mistake? So now I can set different time horizons, based on the facts and the data I can see now, and that I can understand.\u201d<\/span><\/p><\/blockquote>\n<h2><span style=\"font-weight: 400\">David Lenchus &#8211; Research Needs to Adapt to Changing Global Market Conditions:<\/span><\/h2>\n<blockquote><p><span style=\"font-weight: 400\">Lenchus presented an example of a US based coffee company looking to expand its footprint into China, and the impact that would have on its business and anyone analyzing the company\u2019s performance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cThat is a huge lift, as an analyst. Now you need to understand the regional market dynamics, customer behavior and tastes, local laws and regulations that could be a barrier to operations, global factors, political factors, etc. So doing that lift, of moving from a US market to a global market, looking at all of these dynamics &#8211; it&#8217;s too much.<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8220;So what we\u2019re doing, and what most firms are doing, are investing in tools, that are going to make you smarter, faster, and more efficient, by having those tools go out and gather the data, and summarize the data, and analyze the data, providing you with all of that information, so you can get up to speed, a lot quicker.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Check out the full webinar <a href=\"https:\/\/www.youtube.com\/watch?v=GYQRicihv8A\" target=\"_blank\" rel=\"noopener\">here<\/a>, and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/bridgewise\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a> to hear about all of our upcoming events. To find out more about how Bridgewise can help investors adapt to rapidly evolving research needs, <a href=\"https:\/\/bridgewise.com\/request-a-demo\/\" target=\"_blank\" rel=\"noopener\">sign up for a demo today<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover these key insights from the recent Bridgewise webinar on the future of investment intelligence and data-driven research.<\/p>\n","protected":false},"author":8,"featured_media":2815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13,27],"tags":[56,57,52],"class_list":["post-2812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-insights-and-trends","tag-data-driven-research","tag-inves","tag-investment-intelligence"],"acf":[],"_links":{"self":[{"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/posts\/2812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/comments?post=2812"}],"version-history":[{"count":5,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/posts\/2812\/revisions"}],"predecessor-version":[{"id":2819,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/posts\/2812\/revisions\/2819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/media\/2815"}],"wp:attachment":[{"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/media?parent=2812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/categories?post=2812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bridgewise.com\/wp-json\/wp\/v2\/tags?post=2812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}