Winning the Loser's Game Audio Cassette – Abridged, Audiobook
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"This is by far the best book on investment policy and management." ---Peter Drucker on earlier edition of Winning the Loser's Game --This text refers to the Hardcover edition.
From the Publisher
A updated edition of Charles Elliss classic book---based on the seminal article that has stood the test of time for more than a quarter century.
All data, figures and charts have been updated
Historical analysis of P-E ratios and what they mean to long run investing
Why the S&P outperforms over 85% of all active fund managers
The paradox of investing
The importance of performance measurement
Techniques to profit from for the long haul
Tactics to build healthy long term portfolios
Why emotion can ruin an investors portfolio --This text refers to the Hardcover edition.
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Top Customer Reviews
Ellis explains in non-technical but never simplistic language the essentials of a rational approach to portfolio construction and management. He has a particular gift for explaining highly abstruse notions in modern portfolio theory and making them sound like common sense. This is a necessary and important book in a field plagued by charlatans. I recommend to anyone seeking to maximise his wealth over the long run.
The beauty of this book is that it is simple and easy to understand. Ellis designed it for anyone who has a genuine interest in getting good investment results, is willing to develop an appreciation for market fundamental, and has the discipline to pick an approach and stick to it.
In various chapters, the book describes why professionals do so poorly, and how the individual can have the same problems if not careful.
The key points of the book are that you need to establish your long-term investment objectives in writing, and with the expert advice of professionals, determine a well-reasoned and realistic set of investment plans that can help you achieve your objectives. You should set your asset mix at the highest ratio of equities you can afford financially and emotionally for the long-term. However you do this, don't try to beat the market. That's a loser's game.Read more ›
Most recent customer reviews
Index Mutual Funds worked in the high growth era of the 1990's, but have been bad news since. Therefore, the theory that an investor wastes his time by choosing a manager-run... Read morePublished on July 9 2002 by Richard E. Kemmler
This could have been a good book in that the author has some very valid points. However both he and the editors at McGraw-Hill were quite lazy. Read morePublished on Feb. 26 2002
As someone just beginning to read books about finance and investment, I found this book interesting but repetitive. Read morePublished on May 20 2001
I found this book to be very helpful-one of the best financial books I have ever read. The book is written so that someone who has recently begun investing can pick up the... Read morePublished on July 19 2000 by Geoff Wieczynski
It is a rare experience to read a book where you are repeatedly saying "yes, that is it". This made me do it over and over again. Read morePublished on Oct. 13 1999
A wonderful update of a classic! I give this book to all my clients (I am a financial planner) as the foundation for thinking about their portfolio and how they look at... Read morePublished on Oct. 7 1999 by Brown Dog
Learning how to invest successfully is a challenge because there is so much mis-information in the published literature. Read morePublished on Jan. 11 1999