July 9, 2015

Leadership, Candor And What Froze The NYSE

At 10.01 a.m. yesterday, our news release crossed the wire. It was headlined “Companies Excelling in Candor Substantially Outperform the Market Reported in New Rittenhouse Rankings Survey.”

At 11:32 a.m., the NYSE halted trading due to a technical glitch. Shortly afterwards, we began getting calls from social media experts blaming our release for the trading freeze. Of course they were kidding – or were they? Sure, it was a technical disruption, but our release was disrupting long-held investing beliefs that support market valuations. We were reporting that words can be as important as numbers in making investment decisions. Read more