The go-to guide for serious investors seeking long-term success, Winning the Loser’s Game explains clearly the all-important lessons learned over half a century working with the world’s leading investment experts. Called “Wall Street’s wisest man” by Money magazine, Charles Ellis converts the expertise he has developed as a consultant to the world’s largest pension, endowment and sovereign wealth funds and as a teacher at Harvard, Yale and Princeton into candid, pithy, easy to use chapters on how to succeed as an investor. This final edition of this popular book—it has already sold over 500,000 copies—is packed with important up to the minute facts and insights into... • Why indexing continues to out-perform “active” indexing. • Why fees are much higher than most of us realize. • How 401(k) plans can and should be modernized. • Why understanding behavioral economics is so important for all investors. With Winning the Loser’s Game, you have anything you need to identify your unique investment objectives, develop a realistic and powerful investment program, and enjoy superior results. In 2 – 3 hours of easy reading, you can have the same informed and candid advice that his clients gladly pay big fees to get from Charles Ellis. You’ll also have fun.
This book will enable you to face your money matters squarely, with intelligence and vision, and help you create a plan that will increase the security and freedom of your later years."--Byron R. Wien, Morgan Stanley ..". a 'must read.
Let a top hedge fund manager, Columbia business school professor, former Fortune 500 chairman and New York Times bestselling author take you on a journey that will reveal the Big Secret for both individual and professional investors.
The Investment Answer asks readers to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor.
Charles Ellis lays out the basic dimensions of being a successful investment client in a world where picking managers is hard to do.
You know more than you think you do, but need to be aware of your blind spots. Reading this book will give you confidence and knowledge – enough to really grasp who you are as an investor.
tech sector is on the riskier end of the spectrum, so tech stocks are excluded from our Graham-based model. ... Ratio Graham believed that when buying a share of stock, you should focus on the kind of “real” value that you'd look for ...
The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status.
... 104–6, 125 Nebraska Standard, 66 negative campaigning, 83 “negative capability,” 18, 29, 30, 68 negative evidence witnesses, 5 negative expected values, 170–75 Netherlands, 78, 109–10, 208 New England Patriots, 112–13 Newton, Isaac, ...
Over the years, I have followed many of the same commandments.” --Carl Icahn, Chairman, Icahn Associates “This book begins with one of the wisest investment observations I’ve ever encountered: ‘There are plenty of ways to make money ...
These are the best basic rules of investing by two of the world's greatest financial thinkers." —CONSUELO MACK, Anchor and Managing Editor, Consuelo Mack WealthTrack Since the original edition of The Elements of Investing was published ...