by Brian Hague, CFA | Jul 21, 2016 | Economics
It’s only appropriate that we borrow a line (albeit paraphrased) from the Bard of Avon to describe our views about the recent Brexit vote. It should also be noted that the views expressed herein are those of the author, and do not necessarily represent the collective...
by Brian Hague, CFA | Jun 17, 2016 | Strategy
I’ve talked before about the concept of conducting a risk appetite assessment for your credit union so you can determine the alignment between management’s and the board’s appetite for risk across the credit union (“Bon Appetit,” CU Insights January 2016). I like to...
by Brian Hague, CFA | May 19, 2016 | Economics
At the CUNA/Rochdale Paragon ERM Certification and Update Schools presented in April, I taught a session titled “Anecdotal Economics.” This concept holds that biases in economic thought, industry economists, and relationships in economic variables result in...
by Brian Hague, CFA | Jan 15, 2016 | Enterprise Risk Management
It’s that time of year again, when many of us pledge to live a healthier lifestyle. In order to do that, we need to plan our meals according to our appetite – not for how much we can eat, but for how much we should eat in order to avoid the consequences of overdoing...
by Brian Hague, CFA | Jul 10, 2015 | Enterprise Risk Management
In our last article in this series, we discussed relative differences in risk appetite among builders and bankers. (You will recall that by builders, we mean those leaders who can “build a hot fire from a matchstick,” while bankers are those who can bank the coals of...