by admin | Aug 20, 2012 | CFA exams, CIPM, CIPM expert, CIPM Principles, composite dispersion, external dispersion, internal dispersion, Standard Deviation, statistics, TI BA II Plus, tracking error
Last week I taught our CIPM prep classes for the Principles and Expert Levels, and the commonly asked question about the fastest way to do standard deviation came up.I will take this opportunity to refer to an old blog post (found here) that covered how to this using...
by admin | Aug 20, 2012 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, GIPS, GIPS pre-verification, GIPS verification
One of the Learning Outcome Statements at the Expert Level requires CIPM candidates to know the pre-verification procedures and verification procedures prescribed in the GIPS standards. A common question that I get is how to tell whether something is a...
by admin | Aug 16, 2012 | Investment Performance Guy, News
I am home this week, working on my doctoral dissertation proposal, and need references to cite for a “personal rate of return.” And so, like any good researcher, I began with a “Google search,” and found the “Finance guy’s”...
by admin | Aug 15, 2012 | Investment Performance Guy, News
It was just yesterday that I commented on a WSJ article that spoke of the potential misuse of statistics. And today, in this very paper, on the top of page B1 we read the headline “BMW’s ‘Demo’ Sales Boost Results.” The article speaks of...
by admin | Aug 14, 2012 | Investment Performance Guy, News
In today’s WSJ, William McGurn has an article on John James Cowperthwaite (“Go for Bust, Mr. Romney”), which provides some background into Hong Kong’s phenomenal success (he cites, for example, the rise in per capita income relative to Great...
