by admin | Aug 17, 2025 | Investment Performance Guy, News
John Simpson and I are spending this week working on a new service which we will introduce later this year (stay tuned for details!). During the course of our conversation, a question arose: what’s the difference between functions and features? I must confess...
by admin | Jul 29, 2025 | money-weighting, time-weighting
While “risk” seems to be a more commonly found topic in the Wall Street Journal, I was pleased to see this advertisement appear in this past weekend’s edition. First, it’s wonderful to see a focus on diplomas, especially for inter-city...
by admin | May 9, 2025 | money-weighting, rates of return, time-weighting
Today’s animation discusses the fairly common situation, where a portfolio loses money but has a positive return. This video discusses how to explain positive returns when losses occur.
by admin | Mar 18, 2025 | arithmetic attribution, attribution
I was sent an attribution problem by a client to research for them. The details appear here: I’ve highlighted the issues they were concerned with. First, in yellow we find that the technology sector’s allocation effect is positive (0.222%), even though (a)...
by admin | Feb 10, 2025 | Investment Performance Guy, News
When I was an undergrad there were only two subjects I considering majoring in: history and mathematics; I chose the latter, but have continued to enjoy the former. In today’s Wall Street Journal, Jason Zweig begins with a reference to the possible NYSE Euronext...
