Friday Morning Coffee Nr. 43: Quarterly collective non-sense

070219 Friday Morning Coffee

Friday Morning Coffee Nr. 43: Quarterly collective non-sense

Here we go again, stuck in the midst of the result season, this time for the 4th quarter of 2018. As we digest the numbers coming out from the companies, listen to conference calls, and try to make sense of the analyst comments we get, we believe it is useful to take a step back and analyse whether our own behaviour as buy-side portfolio managers and analysts in the quarterly result season adds value.