Shareholder Letter

Categories: Board of Directors

Your hopes, dreams, aspirations, and report card for the year. It's the missive that the CEO writes to her shareholders, her employees, her vendors, her regulators, her...self.

How'd the last year go? How was it relative to expectations you set out last year? How was it versus 2 years ago? How does this year compare in the history of the company? And what about next year? What's doing well? What's doing poorly? Where are we growing? Where are we shrinking? What new hires do you want to laud? What new fires do you want to, um, thank for their service and wish them well? What's the big getchya strategy for what catalysts will make this company oh so cool in the future...i.e. why is the CEO (and not someone else) in that seat?

The best shareholder letters? Berkshire Hathaway's. Check them out.

Related or Semi-related Video

Finance: What are a 10K and 10Q?57 Views

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finance a la shmoop what are 10K and 10Q filings well as the pros say 10Q

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very much yeah you know we had to go there sorry well they're just filings a [Girl filing her fingernails]

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different kind of filings legal filings papers or data

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well the 10K is the annual report and the 10Q is the quarterly report their

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note the Q in there yeah very clever naming their people well we have no idea

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why the K is there like shouldn't it have been a 10A fling equals annual

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anyway the filings contain the key elements that report to shareholders the [Man giving presentation to shareholders]

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progress or lack thereof that the company has made in the period it's

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reporting and these apply to public companies people privates don't

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necessarily file... well the K the Q have to contain an updated income statement [Income statement, balance sheet and cash flow statement appear]

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balance sheet and cash flow statement along with tons of notes on whatever

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business metrics the company regularly reports the number of people made sick

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by the lemonade the number a coal miner Barbies sold the number of Disney cruise

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passengers infected with Legionnaires disease and so on and if you're the CEO [Person puking off the edge of a cruise ship]

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or CFO of the company and you don't get your filings in on time well you'll be

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doing a different kind of filing so yeah 10K, 10Q they're really important

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don't ignore them...

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