This is the season when most of America’s corporations send their shareholders notice of the company’s annual meeting along with the 10-K report. The 10-K reports and the information in them are required as part of their corporate charter, although the companies often write additional summaries with lots of charts and photographs to highlight their […]
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Every so often I hear a television or radio commentator talking about the day’s trading on the New York Stock Exchange. Sometimes they say, “The market was up today, but profit takers drove stocks lower late in the day.” They make profit takers sound like bad guys. Does buy-and-hold investing produce profit takers? Or is […]
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