FYI: Do investors really need to hear from management every 90 days?
The 13-week cycle of reporting earnings and issuing guidance breeds short-term thinking and invites the wrong kinds of questions. Going from quarterly reporting to a biannual system could allow for a sharper focus on running the business rather than wasting time on the business of managing earnings and investor’s expectations.
I don’t read 10-Qs so perhaps I’m out of my depth here, but I think this would encourage better behavior from the people running the company and better behavior from shareholders. This got me thinking, what if trading was cut down to two days a year.
What if there existed a biannual purge in the stock market?
Regards,
Ted
https://theirrelevantinvestor.com/2019/02/18/the-purge/
