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    Stock Investing ABCs: How to Read an Annual Report

    by John Deysher

    A portfolio manager I know claims curling up with a good annual report is almost as exciting as getting lost in the latest Dan Brown novel.

    But many individual investors are in the other camp, dreading the arrival of all those annual reports that can easily crowd your mailbox. “Who needs it?” you may ask.

    Well, YOU DO—if you’re thinking of investing your hard-earned money in the equity or debt of a particular company.

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