Annual Report Reading

Hello you very intelligent and very amazing people that make up this forum. I truly hope that your week is going well.

I was reading an article yesterday that said Warren Buffett can read Annual Reports in around 60 minutes, which is fascinating. I know the American Airlines Annual Report is around 264 pages long. Can i kindly please ask if there is certain sections that are more important to focus on that will give you a better understanding of the business as it seems alot of information and i know not all the contents of the Annual Report will be relevant?

For instance can you possibly skip sections or whether certain areas are more important such as the Management discussion, financials and Executive Compensation etc please? If anyone kindly had any thoughts on this i would be forever grateful and thankful for your support with this.

Sending you lots of good wishes and i truly hope your investments are doing well. All the very best.

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This would be top 3 to read, alongside some of the notes to financials for greater details, such as segment reporting, capex, debt and the likes.

I like to start with the financials, then management comments, and executive comp. last.

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