James I. Hymas

Decorative pattern

Market Insights

OSFI’s academic foray

A recent white paper reveals low standards.

By James I. Hymas |December 11, 2012

10 min read

Decorative pattern

Market Insights

Transforming, not eliminating, risk

One of the great lessons of the current credit crisis is that risk is indestructible. When capital is invested in a long-term asset, risk exists, since the asset will provide value to its owner over a long period, while involving non-trivial acquisition costs. Investment in long-term assets necessarily involves forecasting, and the vagaries of forecasting […]

By James I. Hymas |June 1, 2009

7 min read

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