There are good calls. There are bad calls. But the insights and knowledge gained from both are what can elevate a sell-side research analyst to an all-star—and into Extel’s Developed Europe and EMEA Research Hall of Famers.

“I’ve been wrong many times over the years, especially when trying to fight against structural headwinds in the sector,” according to one of this year’s newest inductees.  “The biggest lesson was to stay with quality businesses longer, even when valuation looks like a ceiling.”