Reporting Season starts next week

Reporting season kicks off next week which makes for a busy time of year.  It’s good to see what has happened with companies I hold shares in and also prospective companies I am considering acquiring a part of.

It’s an exciting time of year too because it usually throws up the opportunity to discover a hidden gem or two.

However, the one caveat is that while it is great to review what has happened with each company, it is important to not get too bogged down in the year that was and focus on what will be over the next year.

After all, if investing was all about reflecting on historical information, those at the top of the Forbes and BRW lists would be historians (who write about what happened) and librarians (who have the time to read about what happened).

Analysis of the past is beneficial but keeping an eye on the future is more important.

This article is published by Dean Mico.

The information provided in this article is intended for general use only. The article is intended to provide educational information only. Please be aware that investing involves the risk of capital loss. The information presented does not take into account the investment objectives, financial situation and advisory needs of any particular person, nor does the information provided constitute investment advice. Under no circumstances should investments be based solely on the information herein.

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