Subject: Re: Proposal to end quarterly reports,
However, I think a more accurate description of your attitude would be to say that "this is a Trump backed initiative and [so I am presuming that] his motivations for less reporting are FAR more sinister"
It doesn’t have to be “sinister.” Sometimes it’s just stupid. There’s a whole barrel full of dumb there, for sure.
I think we are seeing how much damage can be done in six months or a year’s time, not necessarily in business but certainly in other aspects of our lives. Maybe we’re not willing to do anything about it, but I’m glad we don’t get a report on it just once in January and not again until July.
More data is better. If it’s such a terrible burden, hire somebody to do it. It’s a pittance against the amount invested and the quantity of dollars flowing through the enterprise in any given trimester. Nobody likes writing reports, of course they’d propose fewer. Meanwhile lots of people like reading them. Even Warren.