Random collection of stuff by the editor of IRWebReport.com


4 Feb 10

Annual reports are like birthday cards

I was thinking today that getting a printed annual report is like getting a birthday card in the mail from a distant friend. It’s a relationship document, simply an acknowledgment that you’re special.

And when it’s a slim little “summary report,” it’s interpreted that the company doesn’t love you as much. And when its a 10-K wrap, it’s a bit insulting and you know they don’t give a crap about you.

But when it’s a nice glossy annual report with lovely pictures and lots of financial stuff you’ll never actually read, you feel important. Everyone likes to feel important.

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