Opinion: OSFI's Academic Foray

OSFI published a paper in March, 2012, titled Evidence for Mean Reversion in Equity Prices. It wasn’t very good, as I explained in a recent article.

Look for the Opinion Link!

Also available: Draft version with footnotes.

One Response to “Opinion: OSFI's Academic Foray”

  1. […] OSFI’s document has a few references, but only to other OSFI documents and a few Basel Committee on Banking Supervision hymn books; nothing of any meat, nothing that would provide any comfort that these guys have thought things through and know what they’re doing – but OSFI’s institutional intellectual dishonesty is well known. […]

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