Index Incongruity: Betting Your Career on an Index
Dec 9, 2010
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By Craig L. Israelsen, PhD
Say your 10-year performance for large-cap growth comes in at -4.5. You'll look bad if you're benchmarked against the S&P 500. You'll look fantastic benchmarked to Morningstar or MSCI. Comparing yourself with the wrong index can heavily influence clients' evaluation of your performance. Here's why and what to do about it.