Sunday, 20 January 2013

Why you must measure your investing performance and express it in numbers???



Read More on Measuring?


Why you must measure your investing performance and express it in numbers? 

XIRR, CAGR, ROC, Win/Loss, Win $/Loss $, etc

Number, Number, Number!

 
When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge of it is of a meager and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced it to the stage of science.
 
Sir William Thompson, Lord Kelvin (1824-1907) 


 













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