Despite the criticisms that have been offered to anyone who wishes to make predictions, there is no limit to their presence. Who would want to see the end of weathermen (weather people?) telling us what tomorrow will look like, despite everyone knowing "no one can...
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.

Risks in predicting the future

In and out of a bear market, or maybe not
In this weekend's WSJ, Jason Zweig (in "If It Looks Like a Bear ...") begins with a brief retrospective on what appeared to be the market's recent entry into bear market territory (and quick departure from), but then touches on what is meant by a "bear market." It...

Chief Ethics Officer named; Standards of Practice published
TSG, Inc. is pleased to announce that we've created two new positions: Chief Ethics Officer and Assistant Ethics Officer. In addition, we've published a Standards of Practice handbook for our staff. John D. Simpson, CIPM has been appointed our firm's Chief Ethics...

A free webcast on the GIPS standards!
TSG's official October webinar (yesterday's was actually for September; John Simpson had an extremely busy month, which included a trip to the Middle East to conduct training) will be GIPS(R) (Global Investment Performance Standards) fundamentals, that will highlight...

It’s not what you say,…
Pollster and word guru Frank Luntz is known for his admonition, "it's not what you say; it's what people hear." This rang true for me this week.I did a talk on Tuesday at the New York Society of Security Analysts (NYSSA) titled "Performance Measurement &...

Taking the CIPM exam? Want some help?
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...

Comment in a courteous manner, please…
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...

When the stats don’t add up
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...

The art of investing
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...

“A remedy in search of a problem”
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...