I stumbled upon an article I had saved from The Wall Street Journal, April 24, 2006 issue titled "Alphabet Soup," by Karen Hube. The subtitle reads "Financial advisors are adding more titles to their business cards. Do any of these labels really matter?Great question....
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Alphabet soup … does it really matter?
read more
Interesting way to increase your odds of beating the market
In his weekend column for The Wall Street Journal, Jason Zweig points out a method that some advisors have apparently used to outperform (or at least increase their chances of outperforming) their benchmark: simply calculate the return of the index without taking...
How linking turns money-weighted into time-weighted returns
When we link money-weighted returns we get time-weighted returns, or more precisely, approximations to time-weighted returns, as discussed in today's video.
Subportfolio returns discussed in an animated way
Today we address subportfolio returns, and why money weighting is the appropriate way to measure them.
Performance through goal accomplishment
Today's post is different than usual, as it's a celebration of the accomplishment of a goal that America has unanimously supported.
Why performance measurement, Part II: Relative vs. absolute performance
Although for many this topic will be quite basic, I'm hopeful that there are still some insights that might be of interest. In it I point to a situation where an investor had no interest in relative performance, although it was arguably the appropriate approach.
Why bother with rates of return? Explained in an animated fashion.
While in China last week the subject of the value of rates of return came up a couple times; this inspired me to put this explanation together, which will be the first of at least three parts on this topic.
Deadline extended for “mini survey”
Last month we announced our first "mini survey." I had planned to reference it in our March newsletter. Unfortunately, I forgot, and so we have extended the deadline to participate until May 15. Please join in as your responses will be of value, and the survey will...
Madoff on risk
I was intrigued by an interview that appeared in last weekend's Financial Times: "Madoff spins his story." This is the longest interview to date of the formerly well respected investor, until his record-setting Ponzi scheme was revealed.It's definitely worth a read,...
Why performance measurement?
Please allow me to share something personal with you. I am often asked why I chose to work in investment performance measurement, and I must confess that it was anything but a grand plan. I am reading Michael Gerber's E Myth Mastery, and came across the following,...