Are Investors Lazy?
The most frequent argument against requiring issuers to provide more disclosure is “investors are lazy and don’t use the information that is... Read More
Economists, Lawyers and the Myth Investors Confused by Too Much Disclosure
Since the beginning of the Great Financial Crisis, I have talked to hundreds of economists and lawyers who believe the myth too... Read More
Economists and Opacity
Since the beginning of the Great Financial Crisis, I have met too many PhD Economists to count who accept the idea opacity... Read More