by admin | Oct 21, 2013 | Investment Performance Guy, News
This Halloween (October 31) at 11:00 AM (EST), John Simpson, Jed Schneider, and I will host our monthly webinar. This month has a theme … I wonder if you can figure it out? It’s titled: We will cover a lot of scary and interesting stuff about performance...
by admin | Oct 20, 2013 | Investment Performance Guy, News
It is rare that people keep track of errors, but baseball, with its love of statistics, does just that: goof during a game and it will usually get recorded. In last night’s Detroit Tigers vs. Boston Red Sox game, we were treated to three errors, two by the same...
by admin | Oct 18, 2013 | Investment Performance Guy, News
There are probably few documents that say as much about timing as the Global Investment Performance Standards (GIPS(r)). But our focus is more limited, and won’t address everything that appears.One of the most important questions is when should a manager...
by admin | Oct 16, 2013 | Investment Performance Guy, News
How long before you report risk measures as part of your performance?Returns can be shown for a day, a few days, a week, a month, a quarter, a year, etc. Risk statistics typically rely upon a series of returns. But how many and which ones?The standard seems to be 36....
by admin | Oct 14, 2013 | Investment Performance Guy, News
It occurred to me that we could spend some focused time on the issue of time (pun intended). Let us begin with rates of return.One of the ironies of performance measurement is that the term “time-weighting” has really nothing to do with the weighting of...
by admin | Oct 8, 2013 | Investment Performance Guy, News
I occasionally describe the formulas we use as a series of bifurcations, starting with time- and money-weighting. And, sometimes I begin with a graphical representation. Well, this morning, I decided to take that graphic to its nth degree, and solicited input from my...
