An oft-cited grievance of many a sell-side equity research analyst is that boring numerical analysis of mundane data and events, known as maintenance research in the trade, stifles creativity.
But a stifling of analysts’ creativity might not be such a bad thing if the poems of Dresdner Kleinwort’s UK banks analyst, James Eden, are anything to go by.
The following versification, which introduced his earnings update on mortgage lender Northern Rock, published in August, helps to explain why.
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