Portfolio Management 

Keeping score

Keeping score

We have a choice. We could start with the words of Thomas Gradgrind, the anti-hero of Charles Dickens’ novel, Hard Times – “in this life we want nothing but Facts, sir. Nothing but Facts”. Alternatively, we could go with the great Warren Buffett: “It is of enormous dollars-and-cents importance to evaluate objectively the accomplishments of the fellow who is actually managing your money, even if it is you.” 

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