Core Viewpoint - The discussion centers around President Trump's proposal to eliminate quarterly earnings reports for public companies, which he argues would save money and allow managers to focus on running their businesses effectively [2]. Group 1: CEO Perspectives - Many CEOs express appreciation for the discipline and transparency that quarterly filings provide, viewing them as a means of internal rigor and accountability [3]. - QXO chairman and CEO Brad Jacobs emphasizes that quarterly reports enhance credibility and transparency, acting as a "report card" every 90 days [3]. - Notable companies like Berkshire Hathaway and Amazon have thrived without providing earnings guidance, suggesting that the pressure to give guidance may be more detrimental than the requirement to file quarterly reports [3][4]. Group 2: Implications of Reporting - The potential elimination of quarterly reports could lead to increased short-term thinking among leaders and investors, as private companies often carry a risk premium due to less disclosure [4]. - Public companies have a greater responsibility to inform shareholders about their financial activities, which is facilitated by the requirement of quarterly filings [4]. Group 3: Market Context - The S&P 500 has reached another all-time high, indicating a positive market sentiment amidst the ongoing discussions about reporting practices [5].