Support (33%) – "The quarterly reporting rules lead to market volatility. They deal entirely in short term outcomes. Longer periods will do what the advocates say, permit companies to think more in long term strategies, and hopefully calm the markets."
"Yes, investors should investigate the whole company including product and reputation and should NOT just go by quarterly statements which can be meaningless out of context."
Oppose (46%) – "It could give a false picture of a company's financial health. Investors need to know when to buy or sell. The public needs to know the true nature of the market. By extending reports to 6 months, it would allow for financial problems to get out of hand before they're discovered."
"Good Lord, is anybody charting these changes? From quarterly, to twice a year, and next it will be once a year. Soon after every two years, then four years, ad nausea. So much information that had ALWAYS BEEN transparent to the public, will soon be totally unavailable to the public as one coat of paint after another is applied to the glass. Information like financials, labor statistics, the list goes on and one. Since when did the public ever have the right to know? All these changes coming from the most "transparent" administration. The Peter Principle, Dunning-Kruger and other axioms have fully come into play."
Unsure/other (21%) – "I'm really torn on this one. As an investor I like the quarterly check-in. But also, I see the pressure of meeting quarterly targets sometimes causes the wrong focus, so semi-annual may be better from that perspective. And certainly for the smaller companies, not having to do that every 3 months would free up some resources."
❓ Our question to you: Do you support or oppose the recent trend of states redrawing their political maps mid-decade in an effort to gain House seats for their party?
❓ Our question to you: In your opinion, should doctors be allowed to mail mifepristone to patients across the US seeking an abortion?
❓ Our question to you: Do you support or oppose California’s new proposal to impose a one-time 5% wealth tax on billionaires?
Let's make our relationship official, no 💍 or elaborate proposal required. Learn and stay entertained, for free.👇
All of our news is 100% free and you can unsubscribe anytime; the quiz takes ~10 seconds to complete