Analyze This: How Brian Wieser Got To Be the Most-Quoted Man in Advertising
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When Brian Wieser strolls the Palais during the Cannes Lions International Festival of Creativity, he flies under the radar. “I’m not a celebrity in the industry. I’m definitely B-list,” he says.
While he may go unnoticed at industry events, his analyses are anything but unheeded. When Pivotal Research analyst Wieser speaks, everyone from small investors to holding company titans like WPP’s Martin Sorrell listen. His recommendations and reports can lift or sink an advertising or media company stock.
Just ask Snap. When the company launched its initial public offering on March 2, trading opened at $24. That very day, Wieser valued the stock at $10, saying it was “significantly overvalued given the likely scale of its long-term opportunity and the risks associated with executing against that opportunity.” Poof went the price: Snap shares as of mid-August traded around $13, down nearly 46% from the opening.
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