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I've read many SEC filings (mostly 10-Ks, 8-Ks and 4-Qs), and I led a project to develop an UIMA-based analysis platform for them. What is shocking is the lack
by jll29 5y ago
I've read many SEC filings (mostly 10-Ks, 8-Ks and 4-Qs), and I led a project to develop an UIMA-based analysis platform for them.
What is shocking is the lack of diligence that companies can get away with. The "risk" section (§6 of Form 10-K) is often token info copy-&-pasted from other filings, notably from competitors, instead of having an entity's actual risks in it.
Good luck with the business!
- piesauce 5y agoThanks! Yes, we keep track of risk factors that are just copy-pasted across companies. There is so much of it!