Road shows are a scaled-down version of these conferences during which the company management typically visits investors at their offices. Since most investors have offices in large cities like New York, San Francisco, London, and Tokyo, a company can usually meet six to eight investors in a single day. What do you think most company managers want when they meet investors? They want the investors to buy their stock so that the share price moves up. Are they likely to present a balanced view of their business? It would be easier to believe in Santa Claus.
