Comments on: Expert communities addressing the need for better fund performance metrics http://newrulesofinvesting.com/2009/07/02/expert-communities-addressing-the-need-for-better-fund-performance-metrics/ helping investors make better investment decisions Wed, 17 Mar 2010 17:58:49 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Looking at Magic Formula returns, Morningstar gets all apologetic over industry performance « Attorney Don Hecker Broadcast http://newrulesofinvesting.com/2009/07/02/expert-communities-addressing-the-need-for-better-fund-performance-metrics/comment-page-1/#comment-829 Looking at Magic Formula returns, Morningstar gets all apologetic over industry performance « Attorney Don Hecker Broadcast Wed, 17 Mar 2010 17:58:49 +0000 http://newrulesofinvesting.com/?p=1445#comment-829 [...] investors to buy and sell an already outdated model — as an impediment.  Does this mean that portfolio mirroring a la kaChing and Covestor (where investors sync their brokerage accounts up to a professional [...] [...] investors to buy and sell an already outdated model — as an impediment.  Does this mean that portfolio mirroring a la kaChing and Covestor (where investors sync their brokerage accounts up to a professional [...]

]]> By: sunshinetrader http://newrulesofinvesting.com/2009/07/02/expert-communities-addressing-the-need-for-better-fund-performance-metrics/comment-page-1/#comment-480 sunshinetrader Sat, 04 Jul 2009 11:50:48 +0000 http://newrulesofinvesting.com/?p=1445#comment-480 Interesting post, thx.<br><br>There is a reason why I would NOT put my money with Kaching: to my knowledge, "Investment Managers" don't use real money to create their track records, which makes a big difference. Covestor on the other hand tracks existing investment accounts. I would argue that Covestor's managers should therefore be more pro active at managing risk: its their own money, which is on the line.<br>(I should disclose here, that I'm one of the top Covestor performers (on a risk adjusted basis of course :-) ) Interesting post, thx.

There is a reason why I would NOT put my money with Kaching: to my knowledge, “Investment Managers” don't use real money to create their track records, which makes a big difference. Covestor on the other hand tracks existing investment accounts. I would argue that Covestor's managers should therefore be more pro active at managing risk: its their own money, which is on the line.
(I should disclose here, that I'm one of the top Covestor performers (on a risk adjusted basis of course :-) )

]]> By: Friday links: the factor of chance Abnormal Returns http://newrulesofinvesting.com/2009/07/02/expert-communities-addressing-the-need-for-better-fund-performance-metrics/comment-page-1/#comment-474 Friday links: the factor of chance Abnormal Returns Fri, 03 Jul 2009 15:30:15 +0000 http://newrulesofinvesting.com/?p=1445#comment-474 [...] What is the best way to assess investment performance?  (New Rules of Investing) [...] [...] What is the best way to assess investment performance?  (New Rules of Investing) [...]

]]>