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Warren Buffet often shares valuable advice in his letters to stockholders. In 2016 he stated Charlie and I cringe when we hear analysts talk admiringly

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Warren Buffet often shares valuable advice in his letters to stockholders. In 2016 he stated "Charlie and I cringe when we hear analysts talk admiringly about managements who always make the numbers.' In truth, business is too unpredictable for the numbers always to be met. Inevitably, surprises occur. When they do, a CEO whose focus is centered on Wall Street will be tempted to make up the numbers." Corporations are required by law to publicly disclose financial and business information in their annual reports. Analysts then use these reports to make predictions about stock price. Warren Buffet is cautious about these predictions and warns about analysts being tempted to inflate numbers. What do you think about public disclosure? Comment on advantages and/or disadvantages in 6-8 sentences. Please post your responses by Thursday, January 28 - end of day

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