Insights and opinions from an internationally recognized authority on investment performance measurement
Tuesday, June 29, 2010
A few days ago I announced the arrival of the June newsletter, and a couple attentive readers immediately made me aware of a typo. In the "logic" section on page 3 you'll find "And the inverse holds: when the manager does control the cash flows, money-weighting is inappropriate." ERROR! It should, of course, read "time-weighting is inappropriate."
In the original draft I had it correct, but when I reread it I misread it and thus changed it...my goof! Sorry for any confusion.
is an internationally recognized authority on investment performance measurement. He's the founder and Chief Executive Officer of The Spaulding Group, Inc. (www.SpauldingGrp.com), and founder and publisher of The Journal of Performance Measurement. He's the author, contributing author, and co-editor of several investment books. He's actively involved in the investment performance industry, serving on numerous committees and working groups.
Dave earned his BA in Mathematics from Temple University, his MS in Systems Management from the University of Southern California, and an MBA in Finance from the University of Baltimore. He's pursuing a doctorate in Finance from Pace University.
For more information please visit www.spauldinggrp.com/the-company/david-spaulding.html
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