So it is earnings time for quite a lot of companies, whilst most publish fairly easy to understand reports, eg, last year we made x, this year we made x, it went up/down because of ABC. We are investing here and there, so should see a return of xx% by 2026.
Simple enough.
Some companies release what can only be described as war and peace with lots of jargon and convoluted paragraphs of absolute fluff, it makes me think the copywriter is paid by the word so really goes for it or they really want to make use of their thesaurus.
It is the same with ratings agencies, most of which seem to have no clue what they are dong and just make it up, as most of the time they all publish different recommendations. I have one stock that according to the ratings, should either be bankrupt, hold, sell, worth a billion, buy and treading water, so sell, buy or hold. It makes me giggle throughout the day when they drop into my news feed.
My last observation, recently one of my stocks accepted a take over bid and yet again, the amount of useless publications being put out over it, most of them from the respective stocks. It is like they are trying to bamboozle us (but no wicked wango card)
Now, with no irony at all, the old adage of less is more should be stamped on all the publishers foreheads. (Of course this is a joke and I do not condone violence, unless it is against the orange one, in which case, go to town)