Our next webcast has been announced: John Simpson, CIPM will conduct a two-hour session to help test takers prepare for their upcoming CIPM (Certificate in Investment Performance Measurement) exam (whether you're taking the Principles or Expert level test).It will be...

This blog has been around for more than two years, and I thank those who have taken the time to follow it, post comments and critiques, and contribute to its success. I always appreciate when someone takes the time to comment on the blog. Perhaps there haven’t been as...

I am a very big fan of Michael Lewis, beginning with his best seller Liar's Poker. I was advised to read Moneyball, and as with his other books, found it very well written. And given my lifelong love of baseball, found it quite intriguing: the idea that the Oakland...

Since almost the beginning of this blog, I have incorporated clipart, to add color, effect, humor, and sometimes wonder (as you wonder what the heck it's there for). The selection has always followed the subject, until today.Clipart has the word "art" in it. And while...

In last weekend's WSJ, Clint Bolick had a column dealing with Arizona's struggle with apparently unfair and unnecessary federal government interaction with much of their activities, especially regarding elections. In it he had a statement which hit me as being, at...

Surely you're familiar with the George Santayana line about needing to recall the past to avoid repeating it. This speaks to history, yes?In today's Wall Street Journal Norm Augustine discusses how history is a subject today's youth don't do too well with. As one who...

By now you probably heard about a rogue trader who's cost his employer, UBS, some $2 billion. The bank's risk management is being questioned, and I won't say anymore about it at this  time.It so happens that another, perhaps more interesting, story has surfaced...

TSG (TSG) has announced that this will be the final week to participate in its 4th survey on performance attribution. Joining in is quite simple, as the survey is online and easy to access; simply go to the firm's website and you'll be directed to the survey. You can...

I don't read the comics, but my wife does. And she showed me this one. It fits my mood today quite well.

In this past weekend's WSJ,Jonah Lehrer had an article titled "Learning How to Focus on Focus." He quotes psychologist Herbert Simon: "A wealth of information creates a poverty of attention." Lehrer tell us that a key is to strengthen our "executive function," which...