We’re living in an interesting time; information that appears material or conflicting by the optics test for companies goes unmentioned.
At one hand we have the purchase by a senior Berkshire Hathaway exec of stock of a company that was subsequently bought by the firm (see this WSJ piece ) or the flap regarding whether Apple was legally required to provide information on CEO Steve Jobs health (see this article from the NY Times on the release of material information).… Read the rest