by admin | Mar 17, 2011 | risk, Standard Deviation
Odd title for a blog post, right? Well, it’s my silly way to introduce a term which is often bantered about but not often discussed: “noise.” No, I’m not talking about the sounds that come through the hotel room while you’re trying to...
by TSG | Mar 14, 2011 | attribution, Attribution & Risk, performance measurement, Performance Perspectives Newsletter, Returns, risk
VOLUME 8 – ISSUE 7 March 2011 Download PDF...
by admin | Feb 22, 2011 | risk, risk management
Perhaps it might seem odd that one can draw anything from Jane Austen’s classic, Pride And Prejudice, in regards to our profession, but alas it is possible, and I believe I have.The scene occurs at the start of Chapter 5 in Volume 3, shortly after the main...
by admin | Feb 13, 2011 | risk
In this weekend’s WSJ, Jason Zweig reminds his readers of James K Glassman’s 1999 best seller, Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market (which, by the way can apparently be had at Amazon for a mere one penny!)....
by admin | Jan 25, 2011 | M-squared, risk, Standard Deviation, tracking error
I was teaching our Fundamentals of Performance Measurement course yesterday and came upon a metaphor to use to justify the need for multiple views on risk: John Godfrey Saxe’s poem about the blind men and the elephant. You are no doubt familiar with the story,...
by admin | Jan 14, 2011 | Modigliani, risk
Bruce Feibel, author of Investment Performance Measurement, spoke at the Performance Measurement Forum’s North America chapter’s Fall meeting on the topic of risk. I was quite pleased when he expressed his support for the risk-adjusted measure, M-squared,...
