Archive for August, 2012
How should a portfolio be measured?
Posted by richwillis in Uncategorized on August 7, 2012
In the previous essay, I discussed why it is imperative to measure your portfolio periodically. In this essay, I will describe how to measure its most important characteristics.
The first principle is to measure the whole portfolio as an entire unit, and not just focus on a particular subset. What matters is the forest, not the trees. Read the rest of this entry »