Friday, May 16, 2014

We've moved!

To a new home: you can find us at 

BlogSpot, though a decent blog provider, has some limitations. We've wanted to move my blog to Word Press for some time. We hired someone to not only move my blog and John Simpson's blog, but also our website! This site will be dismantled at some point. Almost all of the blog history has been moved over to the new site, and no new postings will be placed here.

Hope to see you there!

The new address for my blog is

No need to be looking here going forward, as we're migrating. I won't begin blogging on the new site until I'm "given the go-ahead," and although most of the history has been ported, there are a few recent posts that still need to be, but we're almost there! But this new site is where I'll be going forward.

Wednesday, May 7, 2014

GIPS Alert!!!

Our slightly delayed April newsletters are going out this week, and you'll notice the "lead story" deals with the suggested requirement for GIPS(R) (Global Investment Performance Standards) firms to, in essence, register with the CFA Institute on an annual basis, and to share details about their firm. The online version has been posted, and is available for your purview. 

I want to mention that my comments have been significantly toned down, as the result of input from a half dozen colleagues (both within and without TSG) who, for the most part, suggested some modification in the wording (one said to use what I had, but I felt inclined to be a bit circumspect in my language).

Suffice it to say, I find the idea quite disturbing, and urge all compliant firms and verifiers to comment. Since they're asking for our opinion, we should be willing to share it. Whether you agree or disagree with my objections, you should be heard.

Monday, May 5, 2014

A novel way to learn about analysis

I'm sure that I'm not the only frequent traveler who has rituals when visiting certain cities. I was in London last week for the umpteenth time, where I made my standard pilgrimage to Jermyn Street and then to the wonderful bookstore, Hatchards, on Picadilly. As is often the case, I found a couple books to purchase, The Truth About The Harry Quebert Affair being one. Note that the cover above isn't the same as mine; in fact, if you visit Amazon you'll see that the book, at least in America, isn't available yet; probably because it's written by Joël Dicker, a writer from Geneva, and published in London. 

To put this into perspective, the book numbers some 615 pages, and I managed to cover them in just a few days. While some of the writing is a bit tedious (I didn't care much for the dialogue between the "writer" (the main character of the book) and his mother, for example), for the most part it's a suspenseful and gripping novel that is difficult to put down. 

As I approached the end it occurred to me that this is a great book for analysts, any kind of analyst; that is, for folks who are expected to, well, conduct analysis: to investigate, research, unearth, discover. I include GIPS(R) verifiers in this group, too, since much of what we do is analysis.

I can't say much more without screaming "spoiler alert," and so will leave it at that. I don't read many novels, and only picked this one up because the cover information made it sound intriguing; I wasn't disappointed, and am sure you won't, either. It'll make for good summer reading, or spring reading, if you're ready to delve into it now (though you'll have to wait until the end of the month to get a copy, unless you're in or visiting London).