Winning the Loser's Game
Timeless Strategies for Successful Investing
by:
Charles D. Ellis
in:
Investing
Summary:
The book provides insights into the challenges of individual investing and argues that most investors would benefit from adopting a long-term, passive strategy, akin to playing a "loser's game," where minimizing mistakes is key to success. It offers practical advice on how to achieve superior results by focusing on market index funds, maintaining a diversified portfolio, and avoiding the common pitfalls of active management and market timing.
Key points:
1. The Loser's Game: Ellis suggests that trying to outperform the market is a losing strategy. He advises investors to avoid mistakes and stick to a disciplined, long-term approach.
Books similar to "Winning the Loser's Game":
Winning the Loser's Game
Charles D. Ellis
Winning the Loser's Game, 6th edition
Charles D. Ellis
Winning the Loser's Game
Charles D. Ellis
Capital
Charles D. Ellis
The Smartest Investment Book You'll Ever Read
Daniel R. Solin
Richer, Wiser, Happier
William Green
The Big Investment Lie
Michael Edesess
The Bogleheads' Guide to Investing
Mel Lindauer|Taylor Larimore|Michael LeBoeuf
The 25 Habits of Highly Successful Investors
Peter Sander
The Four Pillars of Investing
William J. Bernstein