Thanks for the question. I actually think the fact that most investors/traders are pretty ignorant to the effects of IFRS may actually cause little effect in the market as a whole. It’s important to keep in mind that all companies that will be releasing FS will have prior year comparatives that will also be within IFRS accordance, and thus comparative analysis will still be valid (for the most part, maybe not so much for financials). I don’t think the effects of IFRS conversion will be big enough to cause material changes in stocks, but rather it is a more important point to consider for individual investments already made/considered. I think there are a ton of other interesting things to do in the market right now, and not sure that trying to profit from IFRS-related investments would be optimal.

What do you think of an early – mid 2010 investing strategy of isolating low volatility companies that have alot to gain/lose from IFRS revaluations and longing/shorting them accordingly?