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...
by admin | Oct 7, 2013 | Investment Performance Guy, News
I was struck by a front page story in today’s Wall Street Journal titled “Buffett’s Crisis-Lending Haul Reaches $10 Billion.” But it was actually the summary under “What’s News” that initially got my attention:...
by admin | Oct 4, 2013 | Investment Performance Guy, News
I didn’t anticipate a third posting on this topic, but I received an interesting note from a reader that I wanted to share and comment on:I disagree with your thoughts on using “arithmetic relative” when considering material differences in portfolio...
by admin | Oct 3, 2013 | Investment Performance Guy, News
When comparing geometric and arithmetic attribution, the following are often cited as advantages of the former:it’s compoundable (meaning, that it links attribution effects over time without creating temporal residuals)it’s convertible (that is, when we...
by admin | Oct 2, 2013 | Investment Performance Guy, News
I think my friend Carl Bacon will be proud of me for this post (no, I haven’t been completely won over; I just see some merit in this limited case!). Talk is cheap: show me the numbers!The subject of materiality came up during this week’s monthly...
by admin | Sep 25, 2013 | Investment Performance Guy, News
Five days of daily webinars that provide you the opportunity to get trained for a very low investment. A webinar-based approach that is content rich, cost effective, and convenient!To register or learn more, go here, call our office (732-873-5700), or contact Patrick...