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by TheodolphusRose 2505 days ago
That’s a super simplified model of the world. Investors put a lot of work into finding out information between earnings calls, including talking to suppliers and customers, acquiring data on sales (obtained via retailers, credit card companies, satellite data, etc), and observing external events that affect the market including regulatory changes and the earnings of peer companies. All of these bits of information can provide insight on the hidden information.