|| Earnings Insiders and Outsiders

35. Earnings insiders and outsiders

It's the earnings season.  This quarterly earnings call was interesting because there were multiple short dialogues that implied a much deeper context behind some of these questioning and answering that's completely not understood by anyone else.
- we introduced a complex target of operating efficiency, not straight-forward, not mainstream, one that was coined to serve the needs of certain investors' or analysts' needs
- a few analysts reacted with their conclusions on some of the missing pieces to bring back to the mainstream understanding of the shareholder returns.  Hardly anyone could do that on the spot, and certainly, they have not just crunched numbers from any of the newly released earnings reports
- the answers had many pauses, long and very long pauses, searching for answers or searching for the exact words or searching for that sentimental reactions or attitudes to be given

A number of times people tell me that the finance meetings are dreadful and over time, the attendance thins out.  Because the dialogues have a strong connotation of there are untold context, without some of it re-introduced, either on the spot or going back, it would be difficult to follow and to contribute.  Inclusion can be more difficult than what you think you can do, some people continue trying, and others give up.  Now thinking about what I have done in some of these situations, I choose to motivate myself to learn and to climb up and up until maybe the end of life.