<\/p>\n
So I realized early this morning (5:30 here in the forgotten time zone) that I neglected to fully empower each of you with actionable information yesterday. I rambled on about hubris without giving you the full tools necessary to ferret it out at a prospective or current business.<\/p>\n
Yes, it’s true that I defined the difference between “swagger” and “hubris,” but I got a little caught up in my ramble and did not tell you how you can have access to the behavior and words of the management teams of your investments. The place to go is to the company’s website and to then subscribe to their conference call alerts. You can listen to almost any company’s conference call either live or in replay. Let me use AIG, yesterday’s dog, as an explicit example (and no, I don’t mean that there will be more cussing)…<\/p>\n
Note: I am including all of the missteps to finding this information so that you can see how a wee bit of perseverance will pay off in finding this stuff for almost any company:<\/p>\n
My intuition is telling me that we want to click on the link for “Financial Reports,” so I do.<\/p>\n
Now aren’t you glad that I left in the mistakes? The key is to not get intimidated by the process and to know that these are publicly<\/span> traded businesses. That means that their proceedings are supposed to be open to the public and especially to shareholders. Now aren’t you glad you follow the blog?<\/p>\n *****<\/p>\n By the way, the typical structure for a conference call is that there are three major sections:<\/p>\n *****<\/p>\n Interestingly enough, one of the ways that you could identify AIG’s<\/span> hubris is that they were one of the extraordinarily rare firms that never used to host a conference call for analysts!!! Not only that, but once they did start hosting them, for a time they did not have a Q&A section. Not only that, but for awhile the Q&A section was literally like 15 minutes long!!! Maurice “Hank” Greenberg<\/span> was not a very nice guy folks.<\/p>\n I hope that this posting was useful. Yesterday I made some posts on other Blogs to drive traffic here. Hopefully that will result in a more lively discussion here on some of these topics. Please, please feel free to ask me questions. The one question that I will not answer is “What should I be buying now.” Just about anything else is in-bounds, however.<\/p>\n I sincerely hope that each of you has a wonderful day!<\/p>\n Jason<\/p>\n","protected":false},"excerpt":{"rendered":" So I realized early this morning (5:30 here in the forgotten time zone) that I neglected to fully empower each of you with actionable information yesterday. I rambled on about hubris without giving you the full tools necessary to ferret it out at a prospective or current business. Yes, it’s true that I defined […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","hentry","category-best-of-the-blog","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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