by admin | Nov 23, 2011 | Investment Performance Guy, News
My son, Douglas, gave me Rules of Civility by Amor Towles for my birthday. And while I don’t often read novels, the review in the WSJ painted it as a book I should read (it likened it to The Great Gatsby, and after finishing it I can see why). Given that...
by admin | Nov 21, 2011 | error correction, GIPS, Global Investment Performance Standards
Here’s an opportunity to gain some insights into the proper way to construct your policy. (If you claim compliance with the Global Investment Performance Standards (GIPS(R)), you are required to have a written policy!).Join me on Monday, December 5, from 11 AM...
by admin | Nov 18, 2011 | Investment Performance Guy, News
When I was an undergrad math major at Temple University, roughly 40 years ago, a professor, who was teaching a Numbers Theory course, mentioned that there were three things mathematicians should always remember: the Pythagorean Theorem, Fermat’s Last Equation,...
by admin | Nov 16, 2011 | GIPS, Global Investment Performance Standards
While driving to Boston to moderate a panel on fixed income investing, my wife and I were listening to David Baldacci’s latest book, Zero Day. Early in the book he explains why folks in the UK drive on the left-hand side of the road. It apparently dates ...
by admin | Nov 15, 2011 | GIPS, Global Investment Performance Standards, real estate
The Global Investment Performance Standards (GIPS(R)) require compliant firms to make certain disclosures regarding the use and extent of leverage in their portfolios (See ¶ I.4.A.13).Does this include real estate?Answer: No!Yes, real estate investing is a leveraged...
