Disclosure Dilemma: When more (data) leads to less (information)!
Musings on Markets
JULY 14, 2021
Between 1897 and 1905, for instance, Westinghouse Electric & Manufacturing neither published an annual report, not held a shareholder meeting. I valued my first company in 1981, using an annual report as the basis for financial data, but my usage of 10-Ks did not begin until the 1990s.
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