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But the fund's long positions actually "subtracted 29.8 percentage points of performance," according to a letter written by Mr. Benton and his co-manager, Christopher James, while "shorts, options and other income added 116.9 percentage points".
Others advise against the temptation to pit advisers against one another in a horse race, giving each a sum of money and seeing, after a period of time, who gets the best return.. "People put up with an amazing number of bad relationships because they think they have to get a few extra points of performance," Mr. Grubman said.
This stock fell 60% in the fourth quarter and cost your fund over 4 percentage points of performance.
The company helps these customers make about 15 million pricing decisions per day based on 25 billion points of performance and competitive data.
However, as shown in the figure, a few signal collisions and a larger amount of unused spectrum still occur so that an approximate 0.1 points of performance degradation in the overall resource usage compared to the centralized approach remains.
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Up to the point of performance, I had only communicated with Gao Ping by email, but we met on the day of the first performance.
Just a few hundredths of a percentage point of performance often separate the top-ranked fund and the one in, say, 10th or 20th place.
Shot in color, and posed to the point of performance in some cases, the images delve into questions of race and self-perception.
In your two books, "At Work With Grotowski on Physical Actions" and "The Edge-Point of Performance," you describe the process of transmission -- and you are clearly continuing the work in Pontedera now that Grotowski is dead.
A study released earlier in the year by the fund tracker Lipper Inc. found that on a dollar-weighted basis, trading commissions at an average actively managed stock fund took away around 0.20 percentage point of performance in 2003.
Many ecologists think that the point of performance is the exhibition of skill and exertion, rather like imagining that we like a violin concerto because the violinist has to sweat to play it fast enough".
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