The Securities and Exchange Commission could improve disclosure and transparency by implementing three simple proposals ...

Coca-Cola in 1923, Hyperinflation, Stoicism, CBDCs, Daily Journal Transcript, Mimetic Desire ...

"The compensation committee relies on its own good judgment in carrying out its duties and does not waste shareholder money on compensation consultants." -- Daily Journal Corporation 2017 Proxy Statement Reading primary sources of information remains the single most important ...

“We read a lot. I don’t know anyone who’s wise who doesn’t read a lot. But that’s not enough: You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or ...

It should come as no surprise to careful readers of Berkshire Hathaway's financial statements that the company recorded an "other-than-temporary impairment loss" of $938 million in the fourth quarter of 2010 related to declines in the market value of certain ...

Many readers will relate to this scenario: The printer is hard at work producing a 100+ page SEC Filing when the room becomes strangely silent. Surely not enough time has passed to signal a completion of the job? Sure enough, ...

The Securities and Exchange Commission has now admitted what has been obvious to anyone who has been paying attention over the past several months: Inspectors utterly failed to detect Bernard Madoff's massive Ponzi scheme despite numerous warnings over a sixteen ...

The well publicized failures of the credit rating agencies in recent years was the subject of intense scrutiny today at the SEC Roundtable on Credit Rating Agencies today in Washington DC. However, none of the reform proposals relieve investors of ...