I wrote this article 5 years ago which was then reposted on NASDAQ. I decided to give an edited 2020 version here. Much of what has been said is still relevant in todays context.
Reading Annual reports can be painfulI believe that many people, especially beginners, put off reading an annual report because they find it troublesome. I wouldn’t blame them, after all, I started out like that.
When I had to read annual reports, I nearly died imagining looking through over 200 pages of words. Fortunately, you do not need to read too much of the details.
Pareto is well know for the 80/20 rule. For instance, a great example would be 80% of the Amazon forest consists of 20% of tree species. In Singapore, 20% of the population control 80% of the wealth.
As with the 80/20 rule, 80% of the report contains irrelevant
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