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Personal Finance and Investing

dmallind

(10,437 posts)

1. Well, they are mandatory not voluntary. Could be cheaper I guess, but that would send a message too

Reply to raccoon (Original post)

Tue Jun 5, 2012, 10:23 AM

Jun 2012

Personally I read the SEC 10-K and Q filings more when I care enough, where at least there is a requirement to post certain kinds of information. But for all but the most fanatical investor, you can get the "investor-centric" info you need on the finance portals. P/E, P/B, EPS, debt/equity, dividend yield and all that.

EDIT. While annual reports certainly have a positive sheen, they must include financial data that is audited and GAAP compliant (more detail in the SEC filings, but same rules). Outright fraud a la Enron is possible, but quite rare. The SEC filings have to include risks to future financial performance, and are publicly available.

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Does anyone read prospectuses, annual reports, etc., that you get from companies you have some [View all] raccoon Jun 2012 OP

Well, they are mandatory not voluntary. Could be cheaper I guess, but that would send a message too dmallind Jun 2012 #1

I think they're important regarding Mutual Funds.... A HERETIC I AM Jun 2012 #2

I like the annual reports as well, just to get a better idea of what the heck I own. Common Sense Party Jun 2012 #3