This is an introduction to
performance analysis and attribution that takes time to explain what
concepts mean. It is excellent for building intuition, especially for
readers who are new to finance. There are plenty of worked examples and
spreadsheet depictions to walk readers through computations. The math is
neither advanced nor rigorous. Indeed, the author uses alpha and beta in
ways that implicitly change their definitions. This is a decent book for
novices to come up to speed ...