Rise of the Medical (and Recreational) Cannabis Industry Around the world attitudes towards cannabis are beginning to relax. In recent years, the view has shifted from marijuana being a dangerous drug to a viable medicine. Although already commercially sold for medical use, recreational use is increasingly seeing decriminalization and non-black market
Month: February 2018
Understanding the Trading Floor
Written by a structurer at a major investment bank Compensation on the Trading Floor versus Investment Banking Getting paid on the trading floor is very different from getting paid in investment banking. From other literature, the trading floor is supposed to be much more meritocratic than investment banking – we can easily
Why Are Canadian Oil & Gas Companies Down?
This runup in oil prices has resulted in energy companies across the globe seeing their stock prices rise as cash flow expectations ramp up. However, Canadian energy companies have lagged global peers and for some names – gas producers in particular - dropped precipitously during this same time period. The reason
February 2018 Oil Price Update
This week, everything is down – stocks, bonds, commodities and Bitcoin have all been hit hard by the return of volatility, with no safe havens (ironically, Snapchat and Twitter did very well). This sell off was not in line with economic data, which was broadly positive throughout the week. Consumers are
Interview with: Real Estate Commercial Banking VP
What candidates do commercial banks hire for in terms of degree and grades? I would say that the commercial banking sector assesses candidates from a fairly diverse background in terms of undergraduate degrees. That being said, a deeper understanding of business concepts, economics, accounting, and/or mathematics goes a long way in
Accounting Questions for Investing and Equity Research
For equity research and investment roles, a very good understanding of accounting is required to parse through financial statements and figure out what does and does not matter. Understanding how things flow through the three statements and how foreign operations affect company profits and cash flow is especially important for companies
Pitch Me an Oil & Gas Stock
Interview with: Transfer Pricing VP
What is transfer pricing? Transfer pricing refers to the rules and methods for pricing transactions between enterprises under common ownership or control (ie. subsidiaries of large multinationals). It largely applies to the pricing of cross-border transactions between related entities, a good example would be the pricing of services provided by a subsidiary