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Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
"Wall Street Research: Past, Present, and Future" provides a timely
account of the dramatic evolution of Wall Street research,
examining its rise, fall, and reemergence. Despite regulatory,
technological, and global forces that have transformed equity
research in the last ten years, the industry has proven to be
remarkably resilient and consistent. Boris Groysberg and Paul M.
Healy get to the heart of Wall Street research--the analysts
engaged in the process--and demonstrate how the analysts' roles
have evolved, what drives their performance today, and how they
stack up against their buy-side counterparts. The book unpacks key
trends and describes how different firms have coped with shifting
pressures. It concludes with an assessment of where equity research
is headed in emerging markets, drawing conclusions about this often
overlooked corner of Wall Street and the industry's future
challenges.
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