No. of Recommendations: 1
" The proposal is coming from Trump's SEC. He floated this idea during his first administration too. Who should we blame, Calvin Coolidge?"
Today, if Dimon and Buffett say the obvious, semiannual reporting will lead to more fraud, not less, more front running based on material nonpublic info, not less, and that brk will continue to file quarterly regardless of the rule, what future would the rule change have?
Buffett and Dimon care what trump says? Are they both buying trump coins too?
Buffett, Dimon, and brk should ALWAYS oppose less disclosure, always.
Quarterly reports aren't audited, perhaps this year Greg will be asked substantive questions. How much does an unaudited quarterly report cost brk? It's worth the money.
