Home James I. Hymas

A recent white paper reveals low standards.

  • December 11, 2012 August 24, 2018
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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 […]

  • June 1, 2009 July 10, 2018
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