Industrials / Natural Resources
About
This fund consists of both an Industrials and Natural Resources component. The Industrials component includes firms that manufacture and distribute capital goods, provide commercial services and supplies, and provide transportation services. This fund seeks to invests in industry plays including the materials, construction, aerospace and defense, machinery, automotive, and transportation industries. The industrials sector is largely capital expenditure heavy, research and development oriented, and dependent on macro drivers like government spending and reliant on rollover corporate contracts. Because of the cyclicality of this industry and how closely it tracks macroeconomic trends, analysts are those who have a strong interest in the economy more broadly. The Natural Resources component will cover all O&G verticals as well as renewable energy generation. The fund will cover each vertical in depth and highlight modeling similarities and differences. Given the commodity-driven nature of the industry, the fund will emphasize historical developments and current macro trends in the Oil and Gas space.
lectures
DCF/Comparables Analysis Review
Oil and Gas Primer
Upstream Deep Dive and Net Asset Valuation Modeling
Midstream/Downstream Deep Dive and Modeling
Industrials Primer
Private Equity and LBO Primer
Recent History of Energy and Current Macro Trends
Renewables
Current holdings
Fund Managers
Basel Cheema, Kyle Granger, Eddie Wu