Kind of odd, I think, to wish someone a "Happy Memorial Day," since the day's real purpose is to honor those American military men and women who "paid the ultimate sacrifice," by dying for their country in battle, to protect our freedom. I also realize that around...

Earlier this week we announced a new standard which TSG and BrightScope are working on: the Universal Advisor Performance Standards or UAPS. At this week's North America Performance Measurement, Attribution & Risk (PMAR) conference in Philadelphia, a few...

BrightScope and TSG, Inc. Release White Paper That Proposes a Universal Performance Standard for Financial AdvisorsThe Adoption of Universal Advisor Performance Standards Will Broaden the Base of Advisors Who Can Report Performance to Both Clients and...

TSG held its Spring North American Performance Measurement Forum meeting earlier this month in Atlanta, and during the session I had a thought about how the subjects of beta and Jensen's alpha can be related to clothing (being one who is always on...

Our younger son, Douglas, who is the editor of The Journal of Performance Measurement, has done the Tough Mudder four times (most recently a week ago in the Poconos, PA). Well this morning he (kind of) did it a 5th time, on Fox & Friends. He was interviewed, too!

We cannot say much about this, yet, but since it appeared on the CNBC website yesterday, I'll share the brief info they have.Yes, TSG and Brightscope have some great news which will be released next week.More details to follow.

I got an email this week from someone who wanted to know the difference between Modified Dietz and Modified BAI. Briefly:They are both approximations to the true, time-weighted rate of returnThey are both based on the concept of linking money-weighted returns to...

After several months of design, preparation, planning, review, etc., TSG's new website has been officially launched!Many thanks to Patrick Fowler and Chris Spaulding for heading up this effort: it looks great!As you might expect, with the new site a number of our...

It occurred to me that a choir might be a good metaphor for rating agencies;  at least to some extent.Recall that certain rating agencies got blasted because they frequently awarded their highest ratings to pools of subprime mortgages, which on their...

I just checked in on Linkedin and discovered two of my connections posting  about ethics:Jay Abraham: "ETHICS: You have to distinguish yourself and operate at the highest level of ethics, of integrity, of veracity. If you lower yourself to the level of a lot of...