by admin | Aug 6, 2012 | Investment Performance Guy, News
I try to exercise every morning, and when I do, I often watch the news. This morning there was an advertisement from CancerCenter.com, that included the following disclaimer:No case is typical. You should not expect to experience these results. It occurred to me that...
by admin | Aug 3, 2012 | Investment Performance Guy, News
Yesterday, I introduced a case of going from a USD to a GBP return (via an FX rate conversion), then taking the underlying USD assets and converting them to GBP, deriving the return that way, and converting (via the FX converter) to USD [quite a mouthful]. Recall...
by admin | Aug 2, 2012 | Investment Performance Guy, News
A TSG client posed the following situation to me, which I hope you find of interest:They calculated the return on a portfolio in US Dollars (USD). They next converted the return to Pound Sterling (GBP). Everything worked correctly; i.e., the returns make sense and are...
by admin | Aug 1, 2012 | Investment Performance Guy, News
Yesterday’s WSJ had an article by Brian Costa titled “The Rookie and His Pitching Bible,” about “the [New York] Met’s most promising rookie,” Matt Harvey, who relies on a “pitching bible” he created and maintains with...
by admin | Jul 31, 2012 | Investment Performance Guy, News
A common challenge with asset managers is how to deal with what might be termed “orphan income”: income that arrives after the asset that produced it has departed the portfolio. This often happens when we sell a stock position after it has gone...
by admin | Jul 31, 2012 | Investment Performance Guy, News
In the past two weeks I’ve conducted two software certifications for TSG clients, and in both cases they had controls to test portfolio returns against specified benchmark tolerances. And, as you might expect, the fact that a portfolio blows...
