by admin | Aug 24, 2011 | Investment Performance Guy, News
In yesterday’s WSJ, William McGurn wrote about adhering to codes of conduct, and began by citing West Point’s code: “A cadet will not lie, cheat, steal or tolerate those who do.” As a former Army officer who served with many “ring...
by admin | Aug 23, 2011 | Investment Performance Guy, News
In this past weekend’s Wall Street Journal, Carl Bialik’s article, “Technology Can’t Save Us From Math Mishaps, brought home the problems we face daily in trying to ensure a relatively high degree of accuracy in the information we report.He...
by admin | Aug 18, 2011 | Investment Performance Guy, News
The revelation that the U.S. Justice Department is now investigating S&P’s ratings of pools of mortgage backed securities is perhaps totally unrelated to S&P’ recent downgrading of the U.S. government’s credit worthiness, but the timing does...
by admin | Aug 17, 2011 | Investment Performance Guy, News
John Simpson and I are spending this week working on a new service which we will introduce later this year (stay tuned for details!). During the course of our conversation, a question arose: what’s the difference between functions and features?I must confess...
by admin | Aug 15, 2011 | Investment Performance Guy, News
wwwGoogle “500” and you’ll findS&P 500 Indy 500 a card game called 500 perhaps even a reference to a movie about the “500” days of summer. Well, this post represents a “500” of a different kind: it’s the 500th for...
by admin | Aug 12, 2011 | Investment Performance Guy, News
I conducted a consulting assignment earlier this week, where I reviewed a client’s operation, including their approach to calculating and reporting returns. A question came up as to whether or not cash flows can be netted if they occur on the same day. My...