If looking at a 10-K (an annual report required by the SEC) or analyzing a cash-flow statement puts you to sleep, then you should consider using index funds instead.
WSJ: The Experts: What Is the Best Way to Invest on Your Own?
Getting a handle on a company's future health involves looking at it from all sides--the income statement, balance sheet and cash flow statement.
FORBES: Magazine Article
Center-Tainment on the other hand, has a market value of 130 million euros, and no known cash flow statement or profit and loss accounts to speak of.
FORBES: Mouse Of A Firm Makes Bid For Euro Disney
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