{"version":"1.0","type":"card","id":"3f74e1ab-c587-4cb8-bfdb-8519fd8dccaf","url":"https://stacklist.com/card/3f74e1ab-c587-4cb8-bfdb-8519fd8dccaf","title":"End Short Term ism / SARBANES OXY-MORON: Wall Street should cut some slack!","source_url":null,"note":"Why punishing companies for missing estimates by a penny invites the very behavior Sarbanes-Oxley was written to stop.","image":{"url":"https://ucarecdn.com/7b576d24-5f7f-40c7-9e68-1777c01ac3a9/","alt":"End Short Term ism / SARBANES OXY-MORON: Wall Street should cut some slack!","width":700,"height":366},"stack":{"id":"234803a1-3aaf-4c1e-8125-9a0a40d461ca","title":"James Orsini Blog","url":"https://stacklist.com/stack/234803a1-3aaf-4c1e-8125-9a0a40d461ca"},"created_at":"2026-10-21T00:37:05.513Z","updated_at":null,"published_at":"2026-10-21T00:39:44.368Z","aco":{"summary":"The author critiques Wall Street's obsession with quarterly earnings targets and analyst expectations, arguing that the pressure to meet precise forecasts contradicts the goals of the Sarbanes-Oxley Act and incentivizes creative accounting. The piece calls for analysts to reduce market volatility and stop punishing companies for missing earnings by minimal margins.","tags":["short-termism","sarbanes-oxley","wall-street","corporate-accountability","earnings-guidance","market-volatility","financial-reporting"],"key_entities":[{"name":"Warren Buffett","type":"person","confidence":0.95},{"name":"Jamie Dimon","type":"person","confidence":0.95},{"name":"Senator Sarbanes","type":"person","confidence":0.9},{"name":"Congressman Oxley","type":"person","confidence":0.9},{"name":"Wall Street","type":"organization","confidence":0.98},{"name":"SEC","type":"organization","confidence":0.95},{"name":"Dell","type":"organization","confidence":0.85},{"name":"Ford Motor","type":"organization","confidence":0.85},{"name":"Motorola","type":"organization","confidence":0.85},{"name":"Hershey","type":"organization","confidence":0.85},{"name":"Walgreens","type":"organization","confidence":0.85},{"name":"Ciena Technology Corporation","type":"organization","confidence":0.9},{"name":"Thomson Financial","type":"organization","confidence":0.85},{"name":"Wharton","type":"organization","confidence":0.8},{"name":"Sarbanes-Oxley Act","type":"concept","confidence":0.98},{"name":"short-termism","type":"concept","confidence":0.95},{"name":"creative accounting","type":"concept","confidence":0.9},{"name":"earnings guidance","type":"concept","confidence":0.9}],"classification":"analysis","language":"en","confidence":0.85,"provenance":{"model":"claude-haiku-4-5","tool":"@stacklist/be@0.1.0","confidence":0.85,"timestamp":"2026-10-21T00:37:20.558Z"},"token_counts":{"approximate":745,"cl100k":600},"content_hash":"sha256:b23cee548204c04b11564d93761dfaaf2fa16a7c6114fee3486d7197fa7cb233","acp_version":"0.2","body_available":true,"body_tokens":745,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/3f74e1ab-c587-4cb8-bfdb-8519fd8dccaf.json","html":"https://stacklist.com/card/3f74e1ab-c587-4cb8-bfdb-8519fd8dccaf","md":"/api/public/card/3f74e1ab-c587-4cb8-bfdb-8519fd8dccaf.md","stack_json":"/api/public/stack/234803a1-3aaf-4c1e-8125-9a0a40d461ca.json"}}