The most important thing an equity research analyst needs to have is his or her brain.
But apart from that, I thought it would be helpful to put together a list of things that help analysts do their jobs well and make their lives easier.
To come up with this list I looked around at my own desk, looked at my own life, observed colleagues, and spoke with equity research analysts at various companies.
Here are all the ideas presented at the 2020 Robin Hood Investors Conference
As usual, the Robin Hood Investors Conference has brought several new investment ideas from some of the top minds in the wealth management business. Investors heard from Sachem Head's Barnes Hauptfuhrer, One Tusk Investment Partners' Vivian Lau, Lone Pine's Mala Gaonkar, Lakewood Capital's Anthony Bozza, CAS Investment Partners' Clifford Sosin, Teca Capital's Fernando Vigil and Read More
I think any of these items would make a great gift for the equity research analyst or value investor in your life, especially with Christmas coming up. Or just buy a gift for yourself!
1. Financial Calculator
- The HP 10bII+ is the smart choice for business and finance needs.
- You’ll be able to work quicker and more efficiently with over 100 time-saving, easily-accessible business functions.
- Easily calculate loan payments, interest rates and conversions, standard deviation, percent, TVM, NPV, IRR, cash flows, and more.
- With so many useful features, and an affordable price, the HP 10bII adds up to a wise investment. Permitted for use on the CFP Certification Exam.
Better: HP 12CP Financial Calculator
The HP 12CP is a classic financial calculator, used by many old school bankers and finance gurus.
It’s permitted for use on the CFA Exams. However, the horizontal layout may take some getting used to.
- High Quality and Durable
- Portable Design
- Energy Star Certified
- Robust and versatile financial calculator
- Over 120 built-in functions for business, finance, mathematics, and statistics, including date calculations
- Efficient data entry using RPN
- Small size; easy to take anywhere
- Long battery life
Best: Texas Instruments BA II Plus & TI BA II Plus Pro Financial Calculator
The Texas Instruments BA II Plus – and in particular its bigger brother, the Texas Instruments BA II Plus Pro – are the best financial calculators around. The BA II Plus has 1,700 customer reviews and an average 4.4 star rating on Amazon. The
BA II Plus is diffinately great value, but if you want something that looks a little fancier, the BA II Plus comes with a nice high quality silver/metallic finish. Both calculators are permitted for use on the CFA Exams.
- Performs common math as well as various financial functions
- Worksheet mode includes tables for amortization, bond, depreciation, and compound interest
- Built-in memory for storage of previous worksheets
- Can perform cash-flow analysis and advanced list-based statistics
- Slide-case included to protect screen
Good: Mead Spiral Notebook
The Mead Spiral Notebook is the classic notebook. They’re ubiquitous in grade school, high school, and college. There’s no reason you can’t use them as an equity research analyst, too. Get the black ones to look more professional or get different colors to categorize based on different companies/projects/deals.
- Includes twelve, 1-subject, spiral bound notebooks with assorted color covers; colors received may vary
- 70 sheets of double-sided college ruled paper
- Spiral bound with spiral lock to prevent snags.
Better: Black n’ Red Business Notebook
The Black n’ Red Business Notebook gives a lot of bang for your buck. It’s a very stylish looking notebook but for less than what the premium noteboo brands charge. Options include soft cover wirebound (pictured on the right), hard cover wirebound or casebound.
- Business notebook with durable poly covers easily wipe clean, while the elastic strap provides secure closure; 70 sheets, ruled
- Twinwire binding allows the notebook to lie flat or be folded back, to suit your writing style
- With high quality, smooth 90gsm Optik Paper that reduces ink bleed to write on both sides of the page
Moleskine definitely has the most professional-looking notebooks around.
- Layout: Ruled Paper
- Dimensions: 8-1/4? x 11-3/4?
- Hard Cover with elastic closure and bookmark ribbon.
- Color: Black
- Pages: 176
- Internal Pocket
- Paper Weight: 100 gsm/68 lb.; FSC Certified Paper; Acid-Free (pH Neutral)
Good: Pilot G2 Retractable Premium Gel Ink Roller Ball Pens
The Pilot G2 Pens are great. Try them out just once and you’ll get addicted to how smoothly they write.
- G2 writes longer than the average of the top branded gel ink pens.**
- Contoured rubber grip for writing comfort
- Box of 12 extra fine point pens with black ink
- Dynamic Gel Ink Formula that’s smooth writing and smear-proof – Retractable and refillable.
If you’re looking for something a little more stylish, the Zebra F-701 is a beautiful yet inexpensive pen made out of stainless steel.
- F-701 Retractable Ballpoint Pen is made of professional-grade stainless steel from tip to clip
Designed to prevent corrosion
Easy-to-hold knurled metal grip provides writing stability
The Parker Urban Black and Gold Fountain Pen is the Cadillac of pens. You’ll definitely be turning heads when you pull this baby out during a meeting.
- Urban’s dynamic curved design offers a bold modern look that dares to be noticed. Unconventional bullet shape for perfect weight and balance.
- Muted lacquered matte black finish with a powdered aspect.
- Stainless steel nib provides superior resistance and durability, and is designed to provide optimal writing angle for right- or left-handed writers.
- Includes pen, 4 ink cartridges, 2-ounce bottle of Quink ink, bottled ink converter and cleaning cloth.
- Limited warranty guarantees product for 2 years from date of original purchase against defects in materials or workmanship.
Good: Smead Manila File Folder
These Smead Manila File Folders don’t need any introduction. They’re classic.
- An economical way to file your documents
- 11 point manila stock for everyday use
- An office staple
- 1/3-cut tab, assorted positions
- Contains 10% recycled content, 10% post-consumer material
Better: Avery Two-Pocket Folders
If you’re looking for something a little less generic looking, then I’d go with the black Avery Two-Pocket Folders which look very classy.
- Two interior pockets provide storage space for papers, brochures and more
- Includes 25 two-pocket folders
Want to look like you’re carrying some REALLY important documents around? Then go for the Five Star Stay-Put Pocket Folder in black. The folder’s made out of plastic to, so it will hold up better.
- Durable plastic folder helps keep sheets protected and in one place; great for reports, projects, as a take-home folder and for storage
- Two horizontal pockets hold loose sheets; 3 prongs for securely storing punched paper
- Pocket for index cards and more; 8.5 x 11 inch sheet size
- Stay-Put tabs help keep sheets in place
- Built Strong to Last Long. 11.62 x 9.31 x .25 inches
5. Messenger Bag
- Utility messenger bag in canvas featuring swiveling shoulder strap, dedicated padded computer compartment, and removable ID holder
- Fits laptops up to 16?
- Made of all-natural cotton canvas
Don’t worry. You don’t need to own a MacBook Pro to own this Casecrown Messenger Bag. In my opinion, the charcoal gray color looks really stylish.
- Fits up to 15 inch laptops
- Padded interior divider with elastic band & Velcro closure for secure placement
- Multiple front, back, interior, side, flap pockets and slots with Velcro & zipper closures
- Stylish design made from durable canvas material
- Adjustable shoulder strap attached
Of course, messenger bags look much better when they’re made out of leather. The Samsonite Colombian Leather Flap-Over Laptop Messenger Bag is the most popular leather messenger bag on Amazon, with over 1,700 reviews and an average rating of 4.4/5.0 stars. And the best part is that the messenger bag will look even better over time, as you break in the leather!
- Hand Wash
- 12? high
- 16.5? wide
- Please note that the leather used in crafting this bag is a natural cowhide that is minimally treated. As a result each bag will be slightly different and have its own unique characteristics. You may notice some imperfections and color variations in the leather.
- Leather laptop case featuring fold-over flap with adjustable buckle straps and logo embossed at front
- Removable, adjustable padded shoulder strap
This is one of the most popular suits on Amazon. It’s available in Charcoal, Navy Blue, Blue, and Brown.
- 100% Wool
- Dry Clean Only
- Trim fit jacket with a natural rounded shoulder
- Trim fit, flat front pants with unfinished bottom
Better: Calvin Klein Charcoal Slim Fit Suit
Designed in versatile charcoal gray, this suit features a two-button jacket and flat-front slacks for a polished look. You can get this one over at Men’s Wearhouse.
- Dry Clean Only
Cut for a slimmer fit through the chest and waist, this black stripe suit features a notch lapel and flat-front slacks. This fine suit is made in the USA of fine European fabric.
- 100% wool
- Two-button jacket
- Notch lapel
- Side vents
- Flat-front slacks, lined to the knee
- Unhemmed for tailoring
- Modern Fit
- Joseph Abboud
- Made in USA
- Dry Clean Only
Timex Men’s Weekender Analog Canvas Strap Watch is one of the most popular watches ever. It has 5,000 reviews and an average rating of 4.3/5.0 stars on Amazon. And the best part is that you can easily swap out the straps to give yourself a boost of color and style if you want.
- Made in USA and Imported
- Round silver-tone watch with 24-hour time on inner dial and woven nylon band
- 38 mm brass case with mineral dial window
- Quartz movement with analog display
- Features buckle closure and Indiglo night-light
- Water resistant to 30 m (99 ft): In general, withstands splashes or brief immersion in water, but not suitable for swimming
Citizen makes great watches, and the beautiful Citizen Eco-Drive Men’s Black Ion Plated Axiom Watch is certainly no exception.
- Stainless Steel
- Round watch in black stainless-steel featuring spare, streamlined dial and three-link band with foldover clasp
- Japanese quartz movement and analog display
- Date window at three o’clock position
- WR Splash Resistant
Best: Apple 42mm Smart Watch
Do I even have to say anything about the Apple Watch?
- System on a chip: Apple S1
- Storage: 8 GB
- Initial operating system: watchOS 1.0
- Display: 42 mm: 24.34 30.42 mm; 38.96 mm (1.534 in) diagonally, 312390 pixels, 326 PPI
- Battery: 246mAh
8. Standing Desk
If you want a really cheap standing desk, then look no further than the Executive Office Solutions Portable Adjustable Aluminum Laptop Desk. It’s an Amazon bestseller, with almost 1,000 reviews and 4.4/5.0 stars on Amazon.
- Light weight aluminum tray
- Fully adjustable legs
- Multiple different uses
- Silent USB-powered cooling fans
- Money back guarantee
Better: CubeFit Standing Desk
- Easily converts to a standing desk in seconds
- Half the cost of other standing desks
- Works with laptops or desktops
- Specialized design to fit on any desk size
The Lorell Deluxe Sit-to-Stand Monitor Riser is amazing. It’s so easy to adjust from sitting to standing and is incredibly
comfortable to use. It’s the standing desk that I use everyday.
- 16? Height x 37? Width x 24? Depth – Desktop – Black
- Designed for 2 monitors or a monitor and laptop
- Adjustable, ergonomic keyboard tray
- Adjust riser to 5 heights to sit or stand as you work
- Ready for use – fully assembled
For those in the market for an actual standing desk, the ApexDesk Vortex Series 6-Button Electric Height Adjustable Sit to Stand Desk is the desk that you’ve been looking for, with buttons built in to electronically adjust the desk from sitting to standing and back again.
9. Stress Ball
Finally, work can get very stressful. But that doesn’t mean you should take it out on the office printer. Owning one of these will help:
This is one of the bestselling stress balls on Amazon, with over 400 reviews and an average rating of 4.7/5.0 stars.
- Strengthen your joints and muscles
- The world’s best stress reliever
- Spark multiple senses
- A durable stress ball
The Friendly Swede Stress Ball “eggs” are also incredibly highly rated on Amazon, with over 700 customer reviews and 4.8/5.0 stars! These stress balls are great for preventing tension, increasing limberness, and alleviating joint pain.
- Effective training made simple
- Sedish design
- Available in large and small
- Includes 3 therapy balls
Captains of Crush Hand Gripper by IronMind! As it says on the package, the Captains of Crush Hand Gripper is “the gold standard of grippers”. These will workout and build your forearm strength and grip strength like nothing else – all while you’re sitting at your desk. There are 11 different strength levels to choose from, starting at 60 lbs. and going all the way up to 365 lbs. The Captains of Crush Hand Gripper has 1,200 reviews on Amazon and an average rating of 4.6/5.0 stars!
- Original, authentic, unmatched— the gold standard for building and testing grip strength
- Designed to produce the quickest gains in grip strength and hand health
- Premium materials, proprietary elements, precision manufacturing and unrivaled customer support—all from the USA
- Available in 10 strengths for a Savile Row fit, whether you are just starting off, rehabilitating an injury, or can already crack coconuts with your bare hands
- Most popular strengths are the Trainer and No. 1