Initiating Coverage

Create institutional-quality equity research initiation reports through a structured 5-task workflow. Each task must be executed separately with verified inputs.

Overview

This skill produces comprehensive first-time coverage reports following institutional standards (JPMorgan, Goldman Sachs, Morgan Stanley format). Tasks are executed individually, each verifying prerequisites before proceeding.

**Default Font**: Times New Roman throughout all documents (unless user specifies otherwise).

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⚠️ CRITICAL: One Task at a Time

**THIS SKILL OPERATES IN SINGLE-TASK MODE ONLY.**

If User Requests Full Pipeline

When user requests:

"Create a coverage initiation report for [Company]"
"Write an initiation report for [Company]"
"Do the entire equity research process for [Company]"
"Complete all 5 tasks for [Company]"
Any request that implies running multiple tasks or the entire workflow

**REQUIRED RESPONSE:**

**Ask which specific task to perform:**

   I can help you create an equity research initiation report for [Company].
   This involves 5 separate tasks that need to be completed individually:

   1. Company Research - Research business, management, industry
   2. Financial Modeling - Build projection model
   3. Valuation Analysis - DCF and comparable companies
   4. Chart Generation - Create 25-35 charts
   5. Report Assembly - Compile final report

   Which task would you like to start with?

**When user explicitly requests all tasks together:**

   I understand you'd like to complete the entire initiation report pipeline.
   Currently, this skill supports executing one task at a time, which allows
   for better quality control and review at each stage.

   We're working on a seamless end-to-end workflow that will make this process
   more automated, but for now, we'll need to complete each task separately.

   Would you like to start with Task 1 (Company Research)?

**Never automatically assume which task to start** - always ask user to confirm.

**Never execute multiple tasks in sequence** - complete one task, deliver outputs, then wait for next user request.

Task Execution Rules

✅ Execute exactly ONE task per user request
✅ Always verify prerequisites before starting a task
✅ Deliver task outputs and confirm completion
✅ Wait for user to explicitly request the next task
❌ Never chain multiple tasks together automatically
❌ Never assume user wants to proceed to next task
❌ Never execute Tasks 3-5 without verifying required inputs exist

⚠️ Deliverables Policy: NO SHORTCUTS

**DELIVER ONLY THE SPECIFIED OUTPUTS. DO NOT CREATE EXTRA DOCUMENTS.**

Each task specifies exact deliverables. Do NOT create:

❌ "Completion summaries"
❌ "Executive summaries"
❌ "Quick reference guides"
❌ "Next steps documents"
❌ "Task completion reports"
❌ Any other "helpful" documentation not explicitly specified

**Why**: These extras waste context and are not part of the professional workflow.

**What TO deliver**:

✅ Task 1: Research document (.md) — **NOTHING ELSE**
✅ Task 2: Financial model (.xlsx) — **NOTHING ELSE**
✅ Task 3: Valuation analysis (.md) + Excel tabs added to Task 2 file — **NOTHING ELSE**
✅ Task 4: Charts zip file (.zip) — **NOTHING ELSE**
✅ Task 5: Final report (.docx) — **NOTHING ELSE**

**If a deliverable is not listed above, DO NOT CREATE IT.**

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Task Selection

Select which task to execute:

Initiating Coverage

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