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Bernardo de La Paz

(58,315 posts)

12. The motivation is actually good, but it is not the answer.

Reply to Prairie Gates (Original post)

Mon Sep 15, 2025, 03:30 PM

Monday

Wall Street is obsessively focused on 90 days when the best companies are focused on 3 and 10 year plans. Turning around a company is difficult when results come in for several quarters while costs are endured and before benefits show up.

However, the public benefits from more info, not less. Implemented poorly, six month reporting gives an advantage to insiders.

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Highlight:

Trump Says Companies Should Stop Reporting Finances Every Quarter [View all] Prairie Gates Monday OP

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I think he's hoping to distract MLWR Monday #6

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"Financial crimes are a good thing." -Dump, probably sakabatou Monday #9

Stop the testing! JoseBalow Monday #10

Best comment stream ever n/t BaronChocula Monday #11

The motivation is actually good, but it is not the answer. Bernardo de La Paz Monday #12

It's perfectly reasonable to blame short-termism on quarterly reporting requirements Prairie Gates Monday #13

Good points. . . nt Bernardo de La Paz Monday #14

Things get dumber by the minute in the U.S. mdbl Monday #15

What's next? The "Dont Worry Be Happy" Executive Order? Montauk6 Monday #16