Trump calls for biannual earnings reporting

Stanley Druckenmiller:

"This is the most myopic President in history, tweeting every hour. I fond it very rich that he's proposing this with some veil that it's going to help companies think long-term. As an investor, I find it troubling. We like to know what's going on with our companies. I think the President can lead by example and tweet every six months."
 
newwurldmn said:
Of course Trump wants this. It's good for corporate bigwigs who are held accountable less frequently and screws the individual investor whose only real source of information are quarterly calls. Institutional investors would still get the blue horseshoe call.
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I'd venture to say it's not good for traders who want the volatility that comes w/earning reports either.
 
I think that the logic is to change America. We need to look longer term and play the chess moves farther out if we dare to compete with the United States of Europe, India, Russia & China.

Short term seasonal variances cause the wrong long term decisions.

ES
 
ElectricSavant said:
I think that the logic is to change America. We need to look longer term and play the chess moves farther out if we dare to compete with the United States of Europe, India, Russia & China.

Short term seasonal variances cause the wrong long term decisions.

ES
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"Long term decisions" should not be borne of ignorance and fewer updates along the way. As an investor, you want less information?
 
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