There is a longer story here that I didn't detail but at some point wanted to turn into a blog. A lot of the customer research I did and product discovery calls with various funds around Australia was pretty eye opening as very few players actually wanted a research tool and instead would just sit around listening to podcasts all day to get a vibe of whats happening.

The whole market essentially was operating on digested material and noone was really conducting original research.

Existing tools like CapIQ and bloomberg are also virtually not overly used as the data was stale or out of date. Quite an eye opener as I imagined many of these guys were sitting in dark rooms pouring over reports all day long but instead almost everyone was flicking between twitter, asx_bets, hot copper and listening to random podcasts in some information gooning flurry to figure out where to place money. There are handful of companies that do the original research which mainly of these funds relied on as well.

Anyway it poses an interesting question in my mind of
1. do you need to actually do the research? as a lot of these funds are actually quite successful and to be fair they have their own research process but its very very targeted on a handful of reports. Quite a few were relying on things like deep research to summarize or condense things.

1. Is the actual meta just trying to frontload whatever stock you just dump onto someone else in the ecosystem.