by admin | Jul 16, 2009 | GIPS, risk, Standard Deviation
Continuing our discussion on some of the key findings from the feedback to the proposed changes to GIPS(r) …Recall that the Executive Committee proposed a new recommendation, 0.B.2, that compliant firms provide their existing clients with a copy of their...
by admin | Jul 14, 2009 | GIPS
I spent a few hours reviewing the 100+ comment letters that were submitted in response to the proposed changes to the GIPS standards, and want to give you an indication of what folks wrote, at least on a few key issues. I don’t envy the CFA Institute staff who...
by admin | Jul 8, 2009 | GIPS
I’m responsible this week for posting questions on Blackboard for a class I’m taking: Blackboard is interactive software that supports the creation of threads for online discussions. The topic is mean variance portfolio theory, the capital asset pricing...
by admin | Jul 6, 2009 | GIPS, risk, Standard Deviation
At last count there are almost 120 comment letters on the GIPS website regarding the proposed changes to the standards (visit https://www.gipsstandards.org/news/releases/2009/view_comments.html). Some are as short as a paragraph or two, while others exceed 20 pages....
by admin | Jun 30, 2009 | GIPS
Okay, I’ll comment on both:Madoff – 150 years is the right sentence. The max is what this man deserves given what he did to many faithful and trusting friends and investors. Even his wife and sons have (rightly) turned their backs on this man. It’s...
by admin | Jun 30, 2009 | GIPS, overlays, software
When I was in grad school in the mid ’70s I had a few courses that dealt with ergonomics (the man-machine interface or connection). We learned how much of what we see and use, from chairs, to doors, to bathtubs, and even toilets, are designed for the “90...