Advises investors how to avoid being blinded by impressive short-term figures only to discover later that their portfolios are totally inappropriate to their situations and circumstances. Explains how to generate performance figures and evaluate the results, how to calculate the market value of investments over time, and how to evaluate the investment decisions a money manager makes. Of interest to professional and amateur investors. Annotation c. by Book News, Inc., Portland, Or.
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David Spaulding is President of The Spaulding Group, Inc., a consulting firm to the money management industry, and is an acknowledged authority on performance evaluation and the AIMR Performance Presentation Standards. Mr. Spaulding publishes The Journal of Performance Measurement, speaks at numerous industry conferences, and is a frequent contributor to influential industry magazines, including Pensions & Investments, Wall Street & Technology, Traders Magazine, and Premier Review. He was elected as a Certified Management Consultant by the Institute of Management Consultants, and is a former member of the Investment Advisors Data Processing Forum.
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