Portfolio Management Club · Nova SBE
The reference library for PMC equity research.
Stock pitches, learning sessions, macro outlooks, and quant presentations — assembled so members produce sharper analysis and defend it confidently in Q&A.
- Pitches
- 1
- Sessions
- 9
- Macro
- 1
- Quant
- 0
Library
Four kinds of material
Each category mirrors the work the club actually produces — keeping pitches, teaching, macro views, and quant research in their right rooms.
Stock pitches
Annotated walkthroughs of past and current investment pitches. Read like a senior member would in Q&A.
Learning sessions
Lessons on the methods, frameworks, and standards the club uses to produce defensible analysis.
Macro outlooks
Periodic readings of rates, growth, and liquidity, with the implications for portfolio positioning.
Quant presentations
Quantitative work from the club: factor models, backtesting, and applied statistical research.
From the archive
Latest pitch
The most recent investment pitch from the club, presented as a teaching walkthrough.
Spring 2026 · Investment Team 3
WM
Waste Management Inc.
Key takeaways
- 01Largest waste services company in North America with ~35% US market share, 262 owned landfills, and a structural permitting moat that prevents new entrant disposal capacity.
- 02~89% of revenues from Collection & Disposal under multi-year contracts with CPI+ escalators — non-discretionary cash flows resilient through cycles.
- 03A- (Fitch & S&P) / A3 (Moody's) issuer; Net Debt/EBITDA improved from 3.71x to 3.17x in a single year as management deleverages post-Stericycle.
Recently published
From across the library
The newest pieces from sessions, macro, and quant — sorted by date.
AI Prompting for Finance Analysts
A workshop on prompting large language models for finance work — how the models actually generate text, the CSI-FBI framework for getting useful outputs, when to lean on chain-of-thought and devil's-advocate prompts, where the math caveats live, and how to handle confidential data without leaking it.
- ai
- prompt-engineering
- productivity
- llm
Copper: The Structural Deficit
Global copper demand is on track to grow ~50% by 2040 while primary mined supply peaks around 2030 and declines. Five independent demand engines — electrification, EVs, AI data centres, the developing world, defense — are scaling simultaneously, into a supply side that takes 17 years to respond. Long CPER, 4% allocation, 4–5 year horizon.
- commodities
- copper
- industrial-metals
- electrification
Ace Slide Making
A 30-minute deep dive into the craft of slide-making at PMC standard — why slides matter, the eight-step roadmap from story to delivery, seven before-and-after case studies, the Think-cell toolkit, and the Kaizen best-practice checklist that lives behind every PMC pitch.
- slide-making
- presentation
- design
- communication