You Probably Are Measuring Portfolio Performance All Wrong
Robert R. Johnson
Measuring your retirement portfolio’s performance by looking only at percentage returns is like evaluating a quarterback prospect by looking only at how many touchdowns he’s scored. To keep from drafting a dog, fantasy football champs also count the number of interceptions he’s tossed.
Henricks, Mark, "You Probably Are Measuring Portfolio Performance All Wrong" (2015). In the News. 196.