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From: Lynn Ostrem
Sent: ‎Wednesday‎, ‎January‎ ‎29‎, ‎2014 ‎8‎:‎18‎ ‎AM
To: The Club Cafe

Hello  John.  I learned a long time ago not to get drawn into a public discussion about data! And even though I thought about it for 10 seconds, I wouldn't dare draw Sheryl into this discussion for fear of her reaction..  She was SO mad about all the extra work she felt she had to do to make sure our SSGs, and subsequently, our Perts, were correct.  This went on for years. 
 
I was not the keeper of Toolkit for our club. She was one of those people who followed every number, understood exactly how Morningstar normalized data, then double checked it against the 10Q and 10K..  She could run through the calculations in Toolkit and show you every result that would calculate incorrectly.  It drove her nuts. She called support for awhile, but her issues were not resolved.  And since she was the only one who cared about all that stuff, she would be the only one who could provide that info. And I promise that she would be less interested that me about geting into that discussion.
 
I never cared about it, myself.  If it was close, I was happy.  That was until she showed us that substantial differences could crop up, and that we were making decisions with those errors. I can't give you specifics since we didn't keep those SSGs.  But if you were to ask her, she would tell you to take 3-4 SSGs and run through every number, annual and quarter, and verify them.  Then run through every calculation.
 

Lynn O.
Did you replace the data and if so which data provider are you using?

Sent from my iPhone

On Feb 2, 2014, at 2:39 AM, Dave Rowekamp <rowefam@hbci.com> wrote:



From: Lynn Ostrem
Sent: ‎Wednesday‎, ‎January‎ ‎29‎, ‎2014 ‎8‎:‎18‎ ‎AM
To: The Club Cafe

Hello  John.  I learned a long time ago not to get drawn into a public discussion about data! And even though I thought about it for 10 seconds, I wouldn't dare draw Sheryl into this discussion for fear of her reaction..  She was SO mad about all the extra work she felt she had to do to make sure our SSGs, and subsequently, our Perts, were correct.  This went on for years. 
 
I was not the keeper of Toolkit for our club. She was one of those people who followed every number, understood exactly how Morningstar normalized data, then double checked it against the 10Q and 10K..  She could run through the calculations in Toolkit and show you every result that would calculate incorrectly.  It drove her nuts. She called support for awhile, but her issues were not resolved.  And since she was the only one who cared about all that stuff, she would be the only one who could provide that info. And I promise that she would be less interested that me about geting into that discussion.
 
I never cared about it, myself.  If it was close, I was happy.  That was until she showed us that substantial differences could crop up, and that we were making decisions with those errors. I can't give you specifics since we didn't keep those SSGs.  But if you were to ask her, she would tell you to take 3-4 SSGs and run through every number, annual and quarter, and verify them.  Then run through every calculation.
 

Lynn O.
No Nick, we didn't replace the data. We dropped our subscriptions and quit using Toolkit. That was the original intent of this thread. I mentioned that FocusGuru.com could provide a very similar graph, allowing us to replicate, to a close degree, sections 1 and 2 of the SSG. My original post explains how we use other sources.


Lynn O.