Chapter 13 · 5 of 100 marks · workbook pages 247-254

Qualities of a Good Research Report

What separates a usable research report from noise, and the checklist approach an analyst runs before publishing.

Focus
  • Report quality
  • Checklist approach
  • Recommendation discipline
  • Risks and disclosures
Must know
  • A good research report presents an investment idea with clear thesis, facts, assumptions, valuation, risks, and disclosures.
  • Annual reports and official filings are stronger fact sources than media commentary or informal views.
  • Recommendation language must be consistent and supported by analysis.
Traps
  • A report is not just a target price.
  • Disclosures and conflicts are part of report quality, not optional add-ons.