Turning 10-K Filings into Alpha: How LLMs Could Reshape Stock Investing

https://arxiv.org/pdf/2309.03079

Why Annual Reports Are a Hidden Goldmine

Every year, thousands of publicly listed companies file massive annual reports (10-K filings). These documents stretching beyond 100 pages are packed with data: financial statements, management discussions, risks, business models, legal proceedings, and more. For professional analysts, these reports are both indis…