One has to respect the market, learn from the different cycles and invest prudently.
As investment research is a dynamic process, one is always on their toes to see how incoming news related to economy, government policies, legislation, regulations, and other international events may influence and shape investment decisions. My typical day at work starts by reading several newspapers to keep myself abreast with all events. The news and events are discussed with team members who specialize in the particular sectors and their impacts are assessed and analyzed, based on which investment recommendations are made. Reading and analyzing company accounts followed by dilation with the relevant research analyst is what I do during most of my day at work.
To keep myself well informed with the latest market trends I tend to rely on newspapers, journals, and subscriptions related to the economy and various sectors. Data banks like Bloomberg also provide a lot of insights pertaining to different sector-specific indicators which help in formulating investment recommendations.
Keeping abreast with the latest stock market trends, the latest economic data and developing a deep understanding of the operating business model of companies is a prerequisite for being a successful research analyst. This is cardinal to formulating and giving investment recommendation as part of the investment management process. The ability to discern, and relate to the pertinent news amidst the information deluge is central to the ongoing research activity. Periodic engagements with company management across various sectors cannot be over-emphasized to have a successful career in research.