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Buy-side stock pitch / investment thesis template

Origin: Hedge-fund and value-investing practice (Sohn and Value Investors Club write-ups).

Start from this templateFree, no account needed. The blank is written with guidance in each section, ready to fill in.

Sections

  1. Recommendation & target
  2. Variant perception
  3. Business overview
  4. Thesis points
  5. Valuation
  6. Catalysts
  7. Risks & pre-mortem
  8. Sell criteria

How a tough reader scores it

When you score a draft against this format, the Critic evaluates this stock pitch as a skeptical portfolio manager. The weights add up to 100; the fixes for the weakest criteria arrive as cards in the editor.

CriterionWeight
Variant perception is clear and differentiated from consensus25
Thesis points are evidenced with primary data15
Valuation assumptions are explicit and defensible, with bear case20
Catalysts are dated and specific10
Risks include the strongest bear argument15
Kill criteria are pre-committed and measurable10
Concise — thesis stated in 2 sentences up top5

How it works in SecondPen.ai

Open the template and the editor writes the blank once, with a line of guidance under each heading that you delete as you fill it in. Write your abstract and the editor names the format it reads like. Ask for a document with a slash command and it offers to start from the matching format. When the draft is ready, the Critic scores it against the criteria above, the way this format's toughest reader would, and the three highest-leverage fixes become Editor cards.

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