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.