The final rule will have to weigh a fine balance between giving people metrics and not disclosing proprietary information.

It's a clever way to try to get around the problem of giving investors information about individuals whose pay they wouldn't otherwise know about, without expanding the number to an unmanageable extent.

To many people, that's what the true compensation is and what the executives get taxed on. Not until the stock vests can individuals put it in their pockets, and now investors are going to be able to see what it's worth.

These proposals are a radical revision of the existing framework. Next year's proxies on executive pay are going to look pretty different.

It was a very, very lucky shot. It felt right.

I play smart. I don't go out and try to make every ball.