The LIE (Not Law) of Averages in Fund Performance

I was recently talking with one of my students and he mentioned to me that he didn’t know how to measure his Fund’s Performance. Return on Investment? Average Annualized Return? Compounding Annual Growth Rate? Which one is best? Or none at all? I said, “Let’s start by figuring out how misleading some of these numbers … More The LIE (Not Law) of Averages in Fund Performance

Crypto Funds

Last week Bitcoin hit a price of $15,000!
Digital assets, such as Bitcoin, are emerging alternative asset classes that have recently had unprecedented growth.
But why are they still such a mystery? And why do people invest in them? … More Crypto Funds