by admin | May 7, 2012 | Investment Performance Guy, News
It occurred to me that a choir might be a good metaphor for rating agencies; at least to some extent.Recall that certain rating agencies got blasted because they frequently awarded their highest ratings to pools of subprime mortgages, which on their...
by admin | May 6, 2012 | Investment Performance Guy, News
I just checked in on Linkedin and discovered two of my connections posting about ethics:Jay Abraham: “ETHICS: You have to distinguish yourself and operate at the highest level of ethics, of integrity, of veracity. If you lower yourself to the level of a...
by admin | May 4, 2012 | Investment Performance Guy, News
Okay, so your client has a restriction against you buying tobacco stocks, but you accidentally did. You now have to sell this stock, but because the price has dropped, your client is out some money. And so, you decide to “make it right,” and...
by admin | May 2, 2012 | Investment Performance Guy, News
You may recall that in late March TSG announced that it had discovered a printing error in my most recent book (Handbook of Investment Performance Measurement, 2nd edition), and decided to offer copies at a huge discount ($20 versus the normal $75). The...
by admin | Apr 28, 2012 | Investment Performance Guy, News
Just a reminder: If you wish to submit a comment, do not do so anonymously. Identify yourself. And to clarify, anonymously means “Anonymous” in any form, as well as fictitious names. If you have a view or opinion, feel free to share it, but true identity...
by admin | Apr 27, 2012 | Investment Performance Guy, News
For many, it only seems logical that when you deduct fees monthly or quarterly, that your annual net-of-fee and gross-of-fee return difference should equal the annual fee. How can it not?It’s quite simple to derive the monthly amount to deduct: just take your...