Why I’m A Nerd
13 September 2010
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11 Comments
Decided last night to print out the Wal-Mart Stores, Inc. (WMT) Annual Report for 2010 and give it a read. At just over 50 pages, it took a little bit, but it was very interesting. Typical Sunday evening for a 20-something, no? If you’re into investing, you should definitely give your favorite company’s annual report a read. I own some WMT stock, but am considering allocating a chunk of money I’ve saved up into the stock, so I decided to do some extra reading before doing so. Wal-Mart is an incredible company, and best of all, while income has been moving higher every year, their stock has gone nowhere for 10 years. I’ll have more on Wal-Mart here soon.

Before I buy a stock I’ve read the last 3 annual reports, spent time clarifying questions that came up from the annual reports, spent intimite time with the balance sheet, along with time spent on message boards looking at opinions of other investors, among other things. Easily 15 hours of research are put into each POTENTIAL position.
I guess what I’m saying is that I think your research is lacking.
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