The Investment Bank world is abuzz about a sell-aide analyst from Lazard Capital Markets named Joel Sendek (any relation to Max, of Where The Wild Things Are fame? Sure hope so...). That's him below.
Joel's day job is researching biotech companies, making calls whether investors in this roller-coaster risky sector should buy, sell, or hold their positions. And while his EPS Est. Accuracy record is an impressive Four Stars, that's not what has people talking.
What does is how he delivers the news. His voicemails are legendary, first starting out using terminology more at home in creative writing class than in the staid banking world. This led to rhyming phrases and full-fledged poems as research reports.
And when that started to get old hat, Joel actually started to sing 'em, parodying Don McLean's American Pie, as well as tunes from Louis Armstrong, The Stones and Bruce Springsteen.
Unconventional and perhaps not everyone's cup of tea, particularly on Wall Street. But as one client admitted:
"You get so many
voicemails, and they all say the same thing.
His are a nice, goofy ray of hope in a legion of doom."
If Fortune magazine can gush all over him, and if the Investment Banking world can accept Sendek's approach (Lazard approves of it, obviously), ask yourself why the hell yours can't the next time you wanna bring some Pow! to the table.