by David Spaulding | Jul 20, 2016 | Investment Performance Guy, rate of return calculations, rates of return
A client asked us to construct a one-day class dedicated to rates of return. Unfortunately, we had to cancel. But, it took me hours, and hours, and hours (actually, more like days, and days, and days) to put it together. And rather than just forget about it, we...
by David Spaulding | Jul 14, 2016 | performance measurement, Global Investment Performance Standards, Investment Performance, Investment Performance Guy, performance attribution, return measurement, Training
Almost ten years ago, 25 investment professionals gathered in New Brunswick, NJ for an intensive week of performance measurement training at the first ever Performance Measurement Boot Camp. And while demand for this class has never gone away, we just didn’t...
by David Spaulding | Jul 11, 2016 | geometric attribution, arithmetic attribution, attribution, Investment Performance Guy
My friend, occasional sparring partner, Statpro chairman, and recently inducted member to the Performance & Risk Measurement Hall of Fame, Carl Bacon, CIPM and I recently engaged in a brief exchange via blog messages regarding the presence of residuals in...
by David Spaulding | Jul 9, 2016 | Investment Performance Guy, weight loss
I have two things to confess, right from the start: #1 – no, this picture isn’t of me #2 – this is quite an unusual blog post for me. Okay, so now that this is settled, let’s move on. I, like many men, have been struggling with my weight for a...
by David Spaulding | Jul 1, 2016 | Investment Performance Guy, internal rate of return, IRR, money-weighted return, money-weighting
On the first day of this long July 4th weekend, I’m reading a book that is quite timely, which just came in: “Towards an Imperfect Union,” by Dalibor Rohac. It’s excellent, simply excellent, and I’m learning a great deal. The author...
