Winning the Loser's Game: Timeless Strategies for Successful Investing (6 ed)

Resumen del libro

The classic guide to winning on Wall Street - completely updated and expanded! The go-to guide for anyone seeking long-term gain in the stock market, Winning the Loser's Game was referred to by the great Peter Drucker as "by far the best book on investment policy and management." Dr. Charles Ellis, dubbed "Wall Street's Wisest Man" by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners. Now, in this new edition of his investing classic, Ellis helps you succeed in a market that's becoming more unpredictable by the day.

Applying wisdom gained from half a century of advising many of the leading investment managers and securities firms around the world, Ellis explains how individual investors can avoid common traps and get on the road to investment success. With fully updated facts, charts, and figures, this new edition of Winning the Loser's Game is packed with all new material, including: U.S. government bonds: Why they're no longer a safe bet for long-term investors; active management: fees are higher than ever.

Are they worth it?; the investment management industry: they make huge profits - but how well do they serve you?; and behavioral economics: know yourself - and you'll be a better investor. With Winning the Loser's Game, you have everything you need to set realistic objectives and a powerful investing strategy that will take you well into retirement. Experts praise: Winning the Loser's Game: "Charley Ellis has been one of the most influential investment writers for decades.

This classic should be required reading for both individual and institutional investors." (Burton Malkiel, Author, A Random Walk Down Wall Street). "The best book about investing? The answer is simple: Winning the Loser's Game. Using compelling data and pithy stories, Charley Ellis has captured beautifully in this new and expanded edition of his classic work the most important lessons regarding investing.

Biografía del autor

Charles D. Ellis es socio y gerente de Greenwich Associates, compañía líder global de consultoría estratégica para empresas de servicios financieros profesionales. Autor de diez libros y casi cien artículos sobre inversión, Ellis ha impartido cursos tanto en la Harvard Business School como en la Yale School of Management.<br> Además de presidir la AIMR (asociación mundial de profesionales de la inversión), ha sido apoderado de Phillips Exeter Academy, supervisor de la Stern School of Business en la Universidad de Nueva York, director de la Harvard Business School y presidente del comité de inversiones en Yale University.<br> Se le considera uno de los mayores expertos en el campo de las finanzas y la inversión y es uno de los autores más reconocidos en todo el mundo.