There are several other return topics that you haven't touch yet (weighted contribution return, risk adjusted returns, absolute return vs relative returns). Add them into a client discussion would probably confuse the client more than help.
A return is nothing more than a number (I like to call it a ratio). My question is: 1) does this number make any sense to a client? 2) If so, what are the client expecting the number to help them to understand?
There are several other return topics that you haven't touch yet (weighted contribution return, risk adjusted returns, absolute return vs relative returns). Add them into a client discussion would probably confuse the client more than help.
A return is nothing more than a number (I like to call it a ratio). My question is: 1) does this number make any sense to a client? 2) If so, what are the client expecting the number to help them to understand?