If you want to discourage short-term thinking, make the vesting period longer on executive stock grants. Making companies' performance less transparent just opens up more opportunities for insider trading.

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cheriot 10 hours ago | parent | next [-]

Agree and make it two years for long term capital gains.

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JumpCrisscross 8 hours ago | parent | prev | next [-]

> If you want to discourage short-term thinking, make the vesting period longer on executive stock

It’s 3 to 4 years on average. This isn’t relevant to quarterly filing requirements.

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DesaiAshu 9 hours ago | parent | prev | next [-]

Could also price in negative externalities of short term trading with higher taxes for that behavior, nudging the markets to focus on value driving investments rather than speculation

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duskdozer 9 hours ago | parent [-]

Like short term vs long term capital gains tax rates?

	▲	DesaiAshu 6 hours ago \| parent [-]
		Either that or implement it at the exchange level. Eg. if accredited investors sell a stock in <3 months, you pay X% as a tax at the moment of sale - or maybe different fees for <1 hour, <1 month, <1 year

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hammock 10 hours ago | parent | prev | next [-]

Harder to attract talent though (not saying you’re wrong)

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busterarm 8 hours ago | parent | prev [-]

The problem isn't the executives, it's the boards.

But board members are largely just a proxy for the large shareholders anyway. E.g., short-term investment strategies are not going away.

Working C-levels would almost always much rather take the longer view against the wishes of their boards.