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Much like determining our list of the top investment bankers in 2022, picking equity analysts this year was an interesting exercise. It's one thing when the market is booming. But when stocks are down, research becomes that more critical.
5. Big banks are pitching products that mirror quant trades with great success. The process, known as quantitative investment strategies, amounts to swaps or structured notes that mirror the trading done by quantitative funds, Bloomberg reports. More here.
6. ESG pays, but not in the way you might be thinking. Finance employees with "ESG" or "sustainability" in their titles typically make 20% more than their peers, according to a Reuters report.
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7. Microsoft's VC arm is having a tough go of it. A switch in strategy at M12 that led to changes in its compensation structure has caused an exodus of talent. More on what insiders are saying about the upheaval.
8. When expiration dates are just a suggestion. This TikToker details how he eats out-of-date food, including milk 41 days past its use-by date, without getting sick. It's all part of an effort to reduce food waste. More on why the answer to, "Is this still good?" is typically, "Yes."
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