This page was machine-translated from the Korean original and has not been reviewed by a person. Quoted source material is left in its original language and is not translated. Korean original

What Readout does

We read the documents that are public but that nobody reads, and we show you where we read them and why.

Research papers and corporate filings sit in the open where anyone can see them. They still go unread. Access is not the barrier. Reading them takes training: papers are written in the language of method, filings in the language of accounting and law.

So our work is not collecting and forwarding. That is already done well, for free, by others. We read the document and point at the place. When a company writes that "a paper supports this", we find the paper, read it, and write down how far it actually went.

Three things we hold to

We start from primary sources

We do not start from news coverage. We start from the paper itself, the filing itself, the public data itself. We do not publish repackaged reporting.

We point at where the words came from

We do not write "results deteriorated". We write "page 3, second paragraph: receivables turnover from 8.2 to 5.1". Every source is linked. Do not take our word for it — go and check the original. Being checkable is the whole point of this site.

When we are wrong we fix it and leave the record

We can misread a source. When we find that we did, we record it on the corrections page. We do not delete the original sentence.

We keep saying that the sample is small

Sometimes we count comparable past cases and show them. Each time, we state the number of cases first. If there was one case, we write one. That is too few to call a statistic. We do not run calculations that make a number look bigger than it is. When the cases are few we do not take an average; we write them out one by one.

What we do not do

• We do not give judgements about individual securities, and we do not answer questions about them by email or in comments.
• We do not repackage existing news coverage.
• We do not compete on speed. Being first is the wire services' job.
• We do not reproduce brokerage reports or charts from news outlets.
• We do not write a sentence without a source. Not one.
• We do not let an AI voice speak in place of a person. The reading is done by a person.
• When we do not know something, we write that we do not know. We do not fill a blank with a guess.

Contact

Write to hello@readoutpapers.com. We will not give a judgement about an individual security.