"Last year, more than 16,000 companies filed 10-Ks or 10KSBs with the SEC. Assuming they come in evenly (they don't, but we'll say this for simplicity's sake), that would be more than 4,000 annual reports a quarter, or roughly 44 a day, each and every day of the year. Forget holidays, vacations, or your kids' birthdays — you've got annual reports to read!"