3 ms·
Good luck reading just the 10-Ks or local equivalent for all the companies that you're interested in (not even as a shareholder but as a stakeholder). Will take
by H8crilA 5y ago
Good luck reading just the 10-Ks or local equivalent for all the companies that you're interested in (not even as a shareholder but as a stakeholder). Will take a lot of hours each week.
Same with research papers, data sheets, raw press releases, etc. Like it or not - you have to rely on 3rd party summarization and information selection.
- tchalla 5y agoFWIW, I do read 10-K and research papers regularly as I find that investment worthwhile for me - even if it is several hours a week. You may not, that's fine. > Like it or not - you have to rely on 3rd party summarization and information selection. I don't necessarily disagree. I have a slightly different viewpoint. I do rely on 3rd party summarisation as a first step. Beyond that, I dig deep myself and form ym own opinion. Your answer seems to suggest reliance on credible 3rd party sources. No issues with that - but if you should also accept the implications with reliance on expert / wisdom of crowds. <Insert Aswath Damodaran's lemming cartoon> If you are fine with those implications, good for you. I am not, most of the times - at least in areas that I care about. Therefore, I read research papers and 10Ks myself.
- hbcondo714 5y agoThis is a shameless plug for my site but it provides features[1] that helps users efficiently read lengthy 10-K/Qs for all publicly traded companies without having to take a lot of hours each week. [1] https://Last10K.com/features https://Last10K.com/features