Working Smarter

    The past few weeks at Four Wood Capital Partners have been pretty eventful. In terms of my own assignments, I've been at work on a myriad of projects. Some of these were doing research reports on our firm's competitors, creating a model for our high net worth client strategy, analyzing trends in real estate investment trusts (REITs), and putting together daily market summaries. Anyway, it doesn't seem like I've been given my big summer project yet (although working on our High Net Worth Client Strategy has been going on now for a few weeks, and it has drawn a lot of attention from various directors and managers in the firm). Nonetheless, I still have yet to get placed on a live deal.

    When it comes to getting work done, I've found that most of the people in the office with more experience are willing to give feedback and lend a hand to our group of interns. After all, none of us have significant real world experience. Their advice has helped a lot in knowing what to focus on and look for. One of the big takeaways so far has been the importance of developing work in a manner, such that anybody could understand the message by looking at a slide. It makes sense considering that investing activities are not exclusive to highly educated or sophisticated individuals. While we still need to make sure our research checks out and that all the work is accurate, keeping it understandable seems to be a very important point to remember for presentations and explanations.

    Working with supervisors has been relatively enjoyable so far. Most, as mentioned before, are generally helpful and willing to give guidance and explain what they want to see in our work. One thing all supervisors enjoy is hearing about interns and their social lives. Seriously, they love to hear about it. Moving on. At times, it can be tricky to work with multiple supervisors who have different objectives. However, I have found it easiest to collaborate with both supervisors and let them both take the credit for the great idea. I'm just hoping to keep my head down, learn a lot, and get new insights from more experienced professionals. It will be interesting to see if this strategy can work all summer long.