Glassdoor Questions Flashcards
How do you approximate the duration of a bond with pen and paper?
To approximate the duration of a bond manually, I would first identify the bond’s coupon payments, face value, yield to maturity, and maturity date. I’d then calculate the present value of each cash flow, including the periodic coupon payments and the lump sum repayment of the face value at maturity. After calculating the present value of each cash flow, I would multiply the present value by the time period at which that cash flow occurs. Finally, I would sum up all these values and divide by the bond’s current price. This gives me a weighted average time until the bond’s cash flows are received, which represents the bond’s duration.
How is your work ethic?
Decor by OJ example. By effectively communicating with your supervisors at Year Up and the Zalaquett Group and properly managing your time, you were able to help your friend.
What managerial style do you prefer?
I thrive in environments where my manager sets clear goals and provides regular feedback, but also gives me the autonomy to take initiative. I appreciate a collaborative leadership style where ideas and concerns are openly discussed. It helps me feel empowered to contribute, while also aligning with the company’s objectives. I value a balance of guidance and independence.
Explain a time you encountered a difficulty and how did you go about it?
Foot Locker example where everybody called out.
Tell me something interesting about yourself.
- One interesting thing about me is that I’ve been training in kickboxing for over a year. It’s taught me the importance of discipline, focus, and staying calm under pressure. I believe these qualities are transferable to my professional life, especially when working in fast-paced, detail-oriented roles like the one I’m applying for at Pzena.
- Berserk example.
How do you prioritize managing different projects and tasks?
Elon Musk and Google Calendar example.
What can you tell us about Pzena’s value investing philosophy?
Pzena Investment Management’s value investing philosophy focuses on buying high-quality, undervalued stocks that the market may have overlooked or undervalued. The firm seeks companies with strong fundamentals, such as robust management and long-term growth potential, but that are currently priced below their intrinsic value. Pzena’s strategy emphasizes patience and a long-term investment horizon, capitalizing on market inefficiencies and focusing on intrinsic value over short-term market fluctuations.
Do you like value investing?
Yes, I find value investing to be very appealing. I appreciate how it requires a deep understanding of a company’s fundamentals and a long-term perspective. It aligns with my analytical mindset and my belief in making decisions based on data and careful analysis rather than short-term market movements. I also admire the discipline and patience that value investors exhibit, which are qualities I try to apply to both my personal and professional life.
What is one thing you want to improve about your work ethic?
One area I’m actively working to improve is my ability to delegate more effectively. I tend to take on a lot of tasks myself because I want to ensure they’re done well, but I’ve learned that collaboration and trust in my teammates are essential for efficiency. I’ve been focusing on identifying when tasks can be shared and empowering others to contribute, which allows me to focus on higher-priority goals while still achieving quality results.
