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Pros/Cons of proposal for companies to longer provide quarterly earnings insights

What are folks thinks about this notion? The idea that it would enable better long term corporate planning?

Would it really work out that way? Or would it simply provide most investors with far less transparency? Or would it be a total wash?

My current thinking is that I prefer more information, and if a company has a long term strategy I would want to know/consider that. But, if their situation is deteriorating, I want to know sooner rather than later. What else is there to consider?

Comments

  • You got it covered.
    There are only down-sides to this hare-brained scheme. Less accountability. Less information. Reduced trust in companies' activities, money-making capabilities. Top brass further insulated from real-world consequences.

    You don't suppose he's advocating this junk for the Trump Organization's sake, do ya? ;)

    The mere mention of this junk is a further step toward reducing trust in US Business on the world stage. Who do you think is REALLY calling the shots, eh?
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