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What's a time you went above and beyond?

Model answer

Last summer the equity research team I was on covered a small-cap industrial that pre-announced a meaningful guidance revision on a Friday afternoon. The senior analyst was on a flight, and the associate was on PTO. We had a note that needed to go out before market open Monday so our institutional clients weren't reading it from the sell-side wires.

I wasn't asked to do anything beyond proofread the previous note for the publishing system. But I knew the model — I'd built the most recent rebuild — and I had a view of what the revision implied. I wrote a draft of the note over the weekend: a one-page summary of the guide-down, the two operational drivers I thought explained it (a customer concentration issue and a freight cost timing mismatch), my updated estimates, and three questions I thought clients would ask Monday morning. I sent it to the senior analyst Sunday afternoon with a note that said "happy to throw this out, but here's a starting point if useful."

He called me from the airport. We rewrote about 30% of it together over the phone, mostly tightening the language and pulling out a forecast he wasn't ready to publish. The note went out at 7:15am Monday with my name on it as a contributor — first byline I'd ever had.

The reason I think this was "above and beyond" isn't the hours. It was that I'd built a view independent of being asked, and I led with a draft instead of a question. The senior analyst told me afterward that the difference between a strong intern and an average one is whether they pre-empt the ask. I've tried to do that ever since.