ANALYSTS ON THE ROAD TO GLORY

摘要

Steven Fleishman can still vividly recall the excitement and trepidation he felt when, at the tender age of 24, he became the lead utilities analyst at Kidder, Peabody & Co. Fleishman, now 42 and covering the industry for BofA Merrill Lynch Global Research, knew that being promoted so early in his career would either make or break him. "It was a perfect opportunity for me to crash and burn," Fleishman told Institutional Investor in October, the same month in which the ten-time top-ranked analyst was inducted into the All-America Research Team Hall of Fame. Fortunately, he had luck on his side; his promotion neatly coincided with industry deregulation: "Suddenly, being new wasn't such a bad thing, because the sector was now new to everybody."