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skitahoe

12/17/21 8:26 PM

#427551 RE: HappyLibrarian #427545

HL,

I don't disagree, but I believe the company has revealed the details that are required by the SEC. I believe it's agencies like the SEC that need to make all companies more transparent.

If it were up to me, however, quarterlies and Annual Reports wouldn't be loaded with information about all the risks of owning stock. I'd like to go back to the days when such reports were far more positive about what the company is planning for the future. Anyone who doesn't recognize that their is a risk in stock investment shouldn't be investing. I believe that if you purchase 10 stocks and only one or two are highly successful you can make a fortune even if some of the ten become worthless.

Perhaps every stock report should refer to something from the SEC on the risks of stocks, but otherwise it should be a positive review of what the company's doing and planning for the future. I can remember the reports I'd see 50 years ago, they were beautiful, nothing like what we get today with all the cautions about the stock. Honesty should be the key to what they're saying, but something's wrong when some of the wealthiest companies in the world must still warn about the possibility of going belly up.

Gary