Are you prepared to be compared?

ARE YOU PREPARED
TO BE COMPARED?
CHRIS DREYER CFA
LONDON, 24 SEPTEMBER 2009

INFORMATION
WANTS
TO BE FREE

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2008

£ MIO

EMPLOYEE BENEFITS EXPENSE 1954.1

2008

£ MIO


DATA

META
META
2008
META
£ MIO
META


DATA

IT’S ALL ABOUT TAGGING!
META
META
2008
META
£ MIO
META


DATA
INFORMATION

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AN INFORMATION PYRAMID

DATA


INFORMATION

DATA


KNOWLEDGE

INFORMATION

DATA

XBRL IN SHORT

EXTENSIBLE BUSINESS REPORTING LANGUAGE

WEB STANDARD DERIVED OF XML

DISAGGREGATES UNWIELDY INFORMATION PACKAGES
INTO CONSTITUENT SEMANTIC ELEMENTS

SEPARATES TECHNICAL SPECIFICATIONS AND BUSINESS
LOGIC (TAXONOMIES) - PREPARED IN „JURISDICTIONS“

OPEN, ROYALTY-FREE, GLOBALLY ACCEPTED

PROPERTY OF XBRL INTERNATIONAL

USER AWARENESS LACKING

9%

HIGH IN EMEA AT 66%!
32%
CFA INSTITUTE
WORKS ON RAISING 59%
AWARENESS

Up-to-date awareness
Aware
Not aware

MANUAL LABOUR GOING
STRONG

18%
37%
MANUAL EXTRACTION
HIGH AMONG
SPECIALIST ANALYSTS
34%

11%

Entirely manual
Mostly manual
Entirely 3rd party
Mostly 3rd party

PRICE DISCOVERY, CA. 1920

Valuation Expec- Valuation Expec-
concepts tations concepts tations
BID ASK
Fundamental Fundamental
Information Information


Valuation Expec- BID Valuation Expec-
concepts tations concepts tations

FUNDAMENTAL
INFORMATION


Expectations BID ASK Expectations

VALUATION FUNDAMENTAL
CONCEPTS INFORMATION

COGNITIVE SURPLUS

Mio hours spent

COGNITIVE SURPLUS
1,000,000
Mio hours spent

100,000

10,000
Mio hours

1,000

100

10

1
creating Wikipedia watching TV global p.a.

HAPPY TO DISCUSS!

CHRIS DREYER CFA

M +41 76 334 0800

CHRISTIAN@DREYER.CH

HTTP://IORP.EU

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