Seems like a broken clock moment, tbh.

He added: “Did you ever hear the statement that, “China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis??? Not good!!!”

Though it’s funny that his thing is “do 6 months instead of 3” like that’s some huge difference.

I’m also not sure how changing the reporting would fix anything without other reforms. Looks like the right-wing populist shtick of “look like we’re doing something about economy in order to secure votes/popularity, but we’re not really doing anything meaningful.”

So they are just screwing medium and small sized stock investors? So only a privileged minority have access to information? What a great idea!