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5 ways busy investors can get quick quarterly updates on companies
What is the fuss?
If you are a stock investor, you know how time-consuming it is to track the quarterly earnings of the companies you have invested in. You have to go through 30+ pages of earnings presentations, 10+ pages of audited financial statements, 1+ hour of earnings conference calls, etc.
You need to do this within a couple of days or a maximum of one week after the earnings release to make buy, sell, or hold decisions accordingly. Many times, it reinforces your conviction in remaining invested in a company.
Reviewing one company's quarterly performance can easily take 4 hours of focused time.
If you have a concentrated portfolio of 20 stocks, you need around 80 hours of focused time.
Many investors have a core portfolio and a tail of stocks in which they have a tracking position. These tail stocks are kept to track a company’s growth.
Hence, 200+ hours of focused time might be needed to review quarterly company updates. This is too much for a full-time employed person who does stock investing on the side.
But hey, there is a solution. A neat one. And more than one.