by admin | Aug 23, 2012 | Investment Performance Guy, News
This post’s headline comes from a book by the late Chet Holmes. It’s doubtful, very doubtful, that anyone would disagree with such a statement. Our firm provides several training courses, but nothing that deals specifically with technology...
by admin | Aug 21, 2012 | Investment Performance Guy, News
Carl Bacon, CIPM, when asked to contrast geometric and arithmetic attribution, will no doubt point out the chief advantages geometric offers:Proportional: the active return is a ratio, not a difference, as we find with arithmetic. Convertible: the active return is...
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”...
