Use code CAMERON for 10% off the enrollment fee, or visit https://fundamental-edge.teachable.com/p/asynch-academy-july2023?affcode=1461659_7t7wka06&coupon_code=CAMERON.
To learn more about the program, click here: https://fundamental-edge.ck.page/asynchjuly2023
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In this video, I provide an overview for Fundamental Edge's Asynch Analyst Academy.
Tags: Fundamental Edge, Fundamental Edge Review, How to prep for a buy side role, how to break into buy side, how to break into the buy side, buy side finance, how to learn about the buy side, best hedge fund courses, how to get a job at a hedge fund, hedge fund education, course for hedge fund
Script:
In today’s video, I’m going to be doing a deep dive into Fundamental Edge’s Asynch Academy. I know I mentioned Fundamental Edge before on this channel, but in case you don’t remember, Fundamental Edge is an education company that was founded with the mission to train the next generation of investors and a vision to create a platform that serves the learning & development needs of investment professionals throughout their careers.
Fundamental Edge was started by Brett Caughran, a former portfolio manager who throughout his career spent time at some of the world’s largest hedge funds.
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The aim of Fundamental Edge is to provide a buy-side analyst training curriculum that prepares analysts to perform fundamental equity analysis at top asset managers like the ones you see on the screen now. They provide this education via structured lessons and proven frameworks, and they look to condense 3 years of “learning via osmosis” into a masterclass for the equity research process. The Asynch Academy is a more flexible version of their analyst academy, which is a virtual program that teaches the frameworks and tools of the buy side. The asynch academy provides this same stellar content but in hybrid pre-recorded lessons paired with live Q&A sessions. Fundamental Edge has packed so much information into their program, and in today’s video, I’m going to break it all down so you can decide if its right for you. so with that said, let’s get into it.
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What Students Get Out of the Asynch Academy
The goal of Fundamental Edge is to leave graduates with the frameworks and analytical tools to respond well when their portfolio manager asks them “hey go look at XYZ stock and let me know what you think.”
This means that analysts will gain these skills:
Ability to analyze a business
Ability to grasp a stock’s key drivers
Ability to understand what is discounted in stock
Ability to develop a differentiated view
Ability to accurately assess value
Ability to see investment opportunities clearly
Ability to compellingly communicate a thesis, and
Ability to dispassionately monitor & adjust a position
Then the course goes deep into the 11 following areas:
Analyzing a business. This includes FCF buildouts and unit economics
Next is Buyside Financial Modeling, which includes a full walk-through of a stock
Then a module on Key Driver or “KD” differentiation. Among many other things, this discusses the power of a differential view on terminal value.
Then there are modules on valuation & risk/reward probability trees, and short selling.
They also have a module dedicated to earnings season and the importance of how to navigate this period.
-This talks all about why management matters and frameworks that you can use to evaluate it.
Then they discuss idea generation as well as thesis development & communication.
Then they close out the course with a module about idea maintenance and the catalyst path as well as a closing section that helps you review everything you learned.
Included in these modules are numerous case studies and real-world walk-throughs that help put these ideas into a market-oriented perspective.
And obviously, each of these aforementioned modules is packed with so much more than I just said. My comments only scratched the surface of the level and depth of the topics they cover.
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Why Fundamental Edge?
So while there may be other programs that claim to “train you” for a career in finance generally, from my experience, nothing comes close to what Fundamental Edge offers. I think most importantly, the program was developed and envisioned by a leading portfolio manager in the hedge fund space who saw the shortcomings of both formal and informal education for the buy-side. It is always much more helpful to learn from someone who has truly been in the space, and that is what Brett at Fundamental Edge has offered.
Nowhere else can you get tailored content and lessons directly related to succeeding in a buy-side role.