FWIW, I do read 10-K and research papers regularly as I find that investment worthwhile for me - even if it is several hours a week. You may not, that's fine.

> Like it or not - you have to rely on 3rd party summarization and information selection.

I don't necessarily disagree. I have a slightly different viewpoint. I do rely on 3rd party summarisation as a first step. Beyond that, I dig deep myself and form ym own opinion.

Your answer seems to suggest reliance on credible 3rd party sources. No issues with that - but if you should also accept the implications with reliance on expert / wisdom of crowds. <Insert Aswath Damodaran's lemming cartoon> If you are fine with those implications, good for you. I am not, most of the times - at least in areas that I care about. Therefore, I read research papers and 10Ks myself.