Winning the Loser's Game 6th edition: Timeless Strategies for Successful Investing

About this book

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 Losers 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 Streets 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 thats 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 Losers Game is packed with all new material including: U.S. government bonds: Why theyre 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? Behavioral economics: Know yourself--and youll be a better investor With Winning the Losers 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 Losers 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 Losers 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. In todays unforgiving environment its a must-read!" -- F. WILLIAM McNABB III Chairman and Chief Executive Officer Vanguard "No one understands what it takes to be a successful investor better than Charley Ellis and no one explains it more clearly or eloquently. This updated investment classic belongs on every investors bookshelf." -- CONSUELO MACK Executive Producer and Managing Editor Consuelo Mack WealthTrack "A must-reread classic. . . ." -- MARTIN LEIBOWITZ Managing Director Morgan Stanley Research "Winning the Losers Game has long been required reading for professional investors. . . . This elegant volume explores approaches for individuals such as relying on intellect rather than emotion and building a personal portfolio by taking advantage of what other investors already know." -- ABBY JOSEPH COHEN Goldman Sachs & Co "This is less a book about competition than about sound money management. Sounder than Charley Ellis they do not come." -- ANDREW TOBIAS Author The Only Investment Guide Youll Ever Need "Winning the Losers Game is one of those timeless investing classics that is even more valuable today than when it was first published. Reading it again in the context of two 50 percent-plus stock market crashes since 1999 will demonstrates the wisdom of Ellis advice. -- CBS MONEYWATCH.COM