> But if [the market]'s not worth anyone's time to do research, the market will no longer be efficient. I wonder if we will get to the point that publically-tr

> But if [the market]'s not worth anyone's time to do research, the market will no longer be efficient. I wonder if we will get to the point that publically-traded companies will have to be perfectly transparent, and the needed research will be trivial (and automated)?