by admin | Mar 30, 2012 | Investment Performance Guy, News
This week, my friend and colleague, John D. Simpson, CIPM spoke at First Rate’s annual user conference. As I understand it, this event had a record attendance. And while I’d like to think that it’s because John was there, I know there was much more...
by admin | Mar 28, 2012 | Investment Performance Guy, News
We just discovered that we had a printing error with the second edition of my Handbook of Investment Performance: we left off part of the bibliography.Now, you might think this isn’t a big deal, but for a firm that prides itself on the highest quality in...
by admin | Mar 23, 2012 | Investment Performance Guy, News
In his recent book, Thinking Fast and Slow, Economic Nobel Laureate Daniel Kahneman speaks of the “planning fallacy,” a term he and his former collaborator, Amos Tversky, coined “to describe plans and forecasts that are unrealistically close to...
by admin | Mar 20, 2012 | Investment Performance Guy, News
I must confess that I am enjoying Daniel Kahneman’s Thinking Fast and Slow quite a bit; so much so that not only am I listening to it (via my Audible.com account) but am referencing it, too (via my Kindle download!). And so, this affords me the opportunity...
by admin | Mar 16, 2012 | Investment Performance Guy, News
I’m conducting a software certification for a client, and reviewing their documentation, which includes a statement that begins, “If you have a cumulative return…” However, they fail to define this term. And so, I will offer my thoughts....
by admin | Mar 14, 2012 | Investment Performance Guy, News
I thank my wife for reminding me that today is “pi day.” It should not go without notice.”Pi day”???Yes, you remember pi, right? Recall that pi is a constant that is the ratio of any Euclidean circle’s circumference to its diameter....
