My darkest time as an investment analyst, and how I found the light
My Darkest Hour as an Investment Analyst—And How I Found the Light
A decade ago, I faced one of the toughest challenges of my investment career. I had recommended a stock—let’s call it Stock X—only to downgrade it months later after disastrous earnings and a bleak outlook. But then, against my expectations, the stock began climbing again. Did I change my call? No.
The weight of that decision consumed me. I spent sleepless nights replaying my analysis, calling sell-side analysts, consulting experts, and pressing investor relations for answers. My weekends were lost to obsessive research. The more I chased the "right" answer, the deeper I sank into doubt.
The Breaking Point
Finally, I hit a wall. Two realizations changed everything:
It’s OK to ask for help.
I had been trying to prove I could figure it out alone—but why? Everyone at my firm already knew I was struggling. Pride had kept me from reaching out, but admitting I needed support was the first step forward.
The problem wasn’t just the stock—it was my thinking.
I had been so focused on external data that I ignored my own biases. Was I anchoring to past views? Overcomplicating the thesis? Fearful of being wrong? The real work wasn’t just analysing the company—it was analysing myself.
The Turning Point
Working with an investment coach was transformative. They didn’t just critique my process; they helped me see how I thought. I learned to spot cognitive biases, challenge my assumptions, and separate ego from analysis. Most importantly, I realized that success in investing isn’t just about models and forecasts—it’s about mindset.
The Lesson
That painful period taught me that resilience isn’t about never failing—it’s about learning how to fail. The market will humble us all, but the difference between staying stuck and moving forward often comes down to one thing: the courage to look inward.
If you're in your own "dark hour," remember: the light isn’t just in finding the right answer. Sometimes, it’s in asking the right questions—starting with yourself.
Have you ever had a moment where a mindset shift changed everything? Share below—I’d love to hear your story.