Over the past 14 years I've conducted numerous interviews for The Journal of Performance Measurement(R); these have always been great moments and have allowed me to meet some very interesting folks. I was honored when IPA asked to interview me. Please check it out!
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
The table is turned on me
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Getting by without a PC
I was called for jury duty and served today. My wife told me that I wasn't permitted to bring my PC with me, so I left it home. I learned after arriving that she was wrong (this time; she's usually right); they even had free wireless!; and so was pc-less when I could...
Oh the places you’ll go…
My wife got me a huge wall map for my birthday to annotate where I've traveled. It's pretty cool and will adorn one of my walls in my office. It comes with magnetic pins just for this purpose. And so, what's the point?Well, just to mention that one of those places was...
A cool tool!
We held the Fall meeting of the Performance Measurement Forum this week in Dallas, Texas; as usual, there was great discussion and much to learn. The highlight may have been a tour of the new Dallas Cowboys stadium. One of the things I learned was a technique in...
Is the S&P 500 actively managed?
Earlier this week, my boss, David Spaulding surmised on his blog about the possibility that the mere existence of indexes may be a reason for "above average" performance, as changes in index constituents often results in trading in the newly added stocks, which often...
Index funds … designed to outperform?
Jason Zweig's piece in this weekend's Wall Street Journal serves many purposes, one being a clue as to why it's so difficult to beat indexes. It occurred to me some time ago that the index designers must be exceptionally talented at constructing them, but perhaps...
Thanksgiving greetings
Happy Thanksgiving to our blog readers. Hope it's a happy, healthy, and blessed one for you and your family.
Why do we multiply returns?
I'm teaching our Fundamentals of Performance Measurement course for a client this week and have been asked some interesting questions by the students. One asked why we multiply returns in order to link them. Questions like this require, I believe, a bit of detail in...
Trends in performance measurement…
We were recently asked by a client to come up with a list of current trends in performance measurement. In collaboration with my colleague John Simpson we propose the following: 1. GIPS 2010(R) 2. We are seeing non-traditional sectors (alternative asset classes,...
Getting the returns right…
Earlier this week I posted on calculating returns for employee stock purchases and promised that this would be addressed at length in this month's newsletter. Well, our friend (and frequent commenter to this blog) sent me a note, which I want to share with you: Dave:...