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Reading 10Ks

I spend a lot of time reading 10Ks and 10Qs. I like to read several competitors at the same time. Gives me a better feel for their business models and their strengths and weaknesses. Beats sitting around watching CNBC or Bloomberg or looking at quotes all day or even looking at Seeking Alpha...

Found this tidbit..

"Some of our employees may have been motivated to work for us by an expectation that our Class A common stock would be trading at a higher value and may be less motivated by the equity compensation they receive as a result. Competitors may leverage any resulting disappointment as a tool to recruit talented employees."