A few years ago, when our younger son, Douglas, began to participate in the "Tough Mudder" events, he called to tell us how he did. He told my wife that he finished in, as I recall, something like two hours. My wife responded with great pride. When she communicated...

TSG and Brightscope announced today that UAPS is now open for public comment.We are very pleased that the announcement has already garnered some attention: both MarketWatch and InvestmentNews have run stories, with more expected. The public comment period will last...

I'm probably beating a dead horse, but will persevere, regardless.This past weekend's WSJ had an interesting article by Stephen Hawking ("A Brief History of a Best Seller"), in which he discusses his famed book's origin. His editor pestered him to make it more...

I love dictionary.com; it has a "word of the day" which is often one I'm unfamiliar with. While many are words that fail to inspire me, some do.A few weeks ago, battology was the word they introduced.What a great word! I knew at first it was one I'd like.When I...

I recently conducted a "non-GIPS(R)" verification for a client's sector returns. They have sliced up their portfolio in a dozen ways (e.g., U.S. growth and value; small, mid, and large cap; emerging markets) and presented returns for a multi-year period. They chose to...

We have known Mark a long time, and respect and like him a great deal. We know that he will be a great addition to our team, and are anxious for him to join us. This new position demonstrates our commitment to the European market, and our desire to expand our services...

Last week I offered a theory as to why retail investors may not be interested in rates of return, and it resulted in numerous comments from readers. As I was preparing this post, I read the following in an "Op Ed" piece in today's WSJ, by David R. Henderson, titled...

Memorial Day is the "official" start of summer,and Labor Day the official end, despite the fact that both are technically off. But starting next week, we will pretty much return to "business as usual." Hoping you and your family had an enjoyable summer, and that this...

I often hear from those who serve the retail market that they are rarely asked for their rates of return; this seems a bit odd, as it would make sense for investors to want to inquire into a prospective manager's track record.An article in this past weekend's WSJ...