David Fleer
Bristlecone Value Partners, LLC
12301 Wilshire Blvd., Suite 320
Los Angeles, CA 90025 USA
Work 1-877-806-4141

The Elephant in the Room

August 14th, 2014

Given how obsessed the investment world is with performance, you would think that personal portfolio returns are easily tracked and monitored by most investors. Sadly, they are not.

When meeting with new clients, we are always surprised to discover how few of them have a solid grasp of their portfolio’s performance. We are not talking about the performance of the individual investments (mutual funds, stocks, bonds, etc.) but the performance of the overall portfolio, i.e. the investor’s personal return. The unfortunate reality is that few investors know. This is especially disturbing given that most of them have their portfolios managed by professionals (such as stockbrokers, financial planners, or other type of investment advisors) who have both the knowledge and technical capability to easily calculate returns. Read the rest of this entry »

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