as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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does reading financial statements (quarterly or annual reports) really help investing?
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i agree with @statmatt.  financial statements are the only thing that warren buffett & charlie munger read. to answer your question though, really depends on what type of investor you are and what information are you trying to extract.   it is essential for the buffett style (buy & hold).  but if you are a short term or technical investor then i don't see it being of much value.
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