Passion & Performance Measurement

“Well, no offense to Aristotle, but in my three years at Harvard I have come to find that passion is a key ingredient to the study and practice of law”also sprach Elle Woods (Reese Witherspoon) in Legally BlondI have come to find that passion is a key...
Happy July 4th!

Happy July 4th!

As we witness the struggles of many throughout the world who strive for freedom that we, here in the United States, and many others throughout the world have, we should be mindful of our own blessings. Achieving and maintaining freedom isn’t free…it comes...

Moneyball & performance measurement

This morning Patrick Fowler and I arrived in beautiful (though wet) Stockholm, Sweden for the Spring meeting of the European chapter of the Performance Measurement Forum. This site marks the fourth Scandinavian country we’ve held meetings in (previous ones were...

A new author & a new book!

Congratulations to our friend, David Cariño of Russell Investments, who (along with coauthors Jon Christopherson & Wayne Ferson) just released a new book: Portfolio Performance Measurement and Benchmarking (McGraw-Hill).David is a member of the Journal of...

Normality of returns…are they?

As I make progress with an upcoming article I’m writing on standard deviation, I will occasionally share some of the information I discover. For the data I’m using the monthly returns for the S&P 500 for the 36-year period ending December 2008. I am...

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