After recently attending a South by Southwest panel  “Data is Money: How Geeks are Changing Finance”, I realized there was a high level of groupthink in regards to how technology and XBRL can empower investors to make better financial decisions.  From the panel, questions from the attending audience, and the twitter comments (#datamoney) posted during the session, it was clear to me that XBRL is often dismissed or misunderstood as a potential solution for current issues regarding data transparency.  A few key points were raised by the panelists in this discussion in regards to this new mandate that need to be clarified and, in my opinion, discussed Read the rest of this entry »