3 ms·

Wouldn’t that tend to encourage faster more volatile trading?

• gumby 8y ago
  Probably not. That's what I was getting at with this sentence: > This is a case where a more frequent cadence of lower amplitude might allow a better long term view! Essentially, the quarterly cadence makes each release a big deal. More frequent releases may have slightly more volatility encouraging investors to look for longer trends. Ideally you'd have weekly closes but except for large companies that would offer all sorts of swings due to trivia like expense reports or other transients. But GAAP in theory would allow a large modern corporation to close every day. The whole point of accrual is to damp out this nonsense.