Hand Waving: A Smile or a Frown

Investors are interested in specific, verifiable facts, not generalizations.

Hand waving and sweeping generalizations may result in initial enthusiastic support but may not hold up under close scrutiny. We all see this during political speeches and have grown to accept it as part of the process. It might work in politics, but it does not work with investors. Unsupported sweeping generalizations most likely will result in frowns, not smiles.