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).

⚠️ 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:

1. 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?
   

2. 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)?
   

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

4. 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.

Task Selection

Select which task to execute:

…