This advantages insiders over investors quite significantly.
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On one hand, this is a gift to insider trading. On the other, can CEOs really be trusted to think 6 months into the future for strategic planning?
can CEOs really be trusted to think 6 months into the future for strategic planning
No, but look at it this way… Corporations only need to fire and rehire staff twice a year rather than quarterly!
Nvidia loves this one simple trick
Quarterly earnings reports are why companies are so shortsighted.
I thought it was the arrogantly stupid humans that ran 'em.
That not a cause, that’s a judgement.
