Stock Market Spectacles for Budgets
Statutory statements for the stock market may be so cleverly presented that the average
A budget document is of great value to competitors, so any stock market operator who wants access to budget information must prove his or her credentials before hand. However, between you and me, comparisons of budgets made by competitors, unravels the true status of an industry like no other. The best companies routinely keep their ears to the ground to pick up signals of how rivals make their budgets, so every company you own should know a thing or two about the short-term plans of others in any case!
This quarter may be way over the same one last year for purely environmental reasons. Equally, some of the best executive decisions can take more than 3 months to show results. This is why budget papers are more accurate reflections of the prospects of an enterprise than anything the Securities and Exchanges Commission has been able to conjure so far! Though top executives prefer summary tables to the detailed ones, a diligent stock market analyst will avoid generalities and go through the fine print with great care.
Always ask for budget information and keep whatever scraps you can get for future reference when actual results are announced. Look at business with the polished and spotless spectacles of budgetary controls!