Peter Tufano
PER
Peter Tufano Tufano
The new study, ''Live Prices and Stale Quantities: T+1 Accounting and Mutual Fund Mispricing,'' was conducted by Peter Tufano, a professor of financial management at Harvard Business School and Ryan Taliaferro, who is a doctoral student at Harvard; and Michael J. Quinn, who is a vice president at Analysis Group Inc., a consulting firm. That assumption is incorrect, according to Professor Tufano and his colleagues. The professor and his colleagues emphasize that this approach to calculating asset values known as ''T+1 accounting,'' shorthand for ''trade date plus one'' is used by many more than just a handful of funds.