The Blind Leading the Blind

olivia-erby
Olivia Erby, James Caird Asset Management

Rule number one: There is no finish line. Ever. When it comes to the perennially vexing issue of asset valuations, it is unlikely that an organization could ever be in a position where it felt confident that it could value all its assets quickly and accurately 100 percent of the time. This is due, for the most part, to the financial markets’ proclivity to change, as well as their natural ebb and flow. This state of constant flux—a prime example of which was the astonishing transformation in the

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