Figuring It Out
Sixty Years of Answering Investors' Most Important Questions
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About This Book
An indispensable collection of essays from one of the investment world's leading lights
In Figuring It Out: Answers to the Most Difficult Investment Questions, world-renowned investing and finance guru Charles D. Ellis delivers a robust collection of incisive essays on an array of perennial and contemporary investing issues, from the rise and fall of performance investing to a compilation of essential investing guidelines.
In the book, you'll also find eye-opening discussions of:
- Whether bonds are an appropriate investment vehicle for long-term investors
- The costs of excessive liquidity in the typical portfolio
- The characteristics of successful investment firms, and how to spot them
A can't-miss resource for the everyday retail investor, author Charles Ellis draws on a lifetime of distinguished client service in the financial markets to reward readers with common-sense and accessible advice that deserves to be followed by anyone with an interest in maximizing their investment returns over the long haul.
Frequently asked questions
Table of contents
- Cover
- Table of Contents
- Title Page
- Copyright
- Dedication
- Foreword
- Note on the Text
- Introduction
- 1 The Changing Game
- 2 The Loser's Game
- 3 The Winners' Game
- 4 The Winner's Game II
- 5 The Rise and Fall of Performance Investing
- 6 Seven Rules for More Innovative Portfolio Management in an Age of Discontinuity
- 7 Will Success Spoil Performance Investing?
- 8 To Get Performance, You Have to Be Organized for It
- 9 Investing Success in Two Easy Lessons
- 10 The End of Active Investing?
- 11 In Defense of Active Investing
- 12 Murder on the Orient Express: The Mystery of Underperformance
- 13 Best Practice Investment Committees
- 14 Levels of the Game
- 15 An Invitation to Winning
- 16 Small Slam!
- 17 A Lesson from Seaside Cemetery
- 18 Tommy Armour on Investing
- 19 Ted Williams' Great Lessons for Investors
- 20 Symptoms and Signs
- 21 Lessons from the Warwick and Château Chambord
- 22 Investment Management Fees Are Higher Than We Think
- 23 Computer People May Be Planning a Revolution
- 24 Characteristics of Successful Investment Firms
- 25 A New Paradigm of Investment Management
- 26 Lessons on Grand Strategy
- 27 Pension Funds Need MORE Management MANAGEMENT
- 28 The Significance of 65
- 29 Where Were We?
- 30 Hard Choices: Where Are We Now?
- 31 Bonds for Long-Term Investors?
- 32 What Role Should Bonds Play?
- 33 Too Much Liquidity Will Cost You
- 34 Letter to My Grandkids: 12 Essential Investing Guidelines
- 35 Miss Sally's Attic
- 36 Ben Graham: Ideas as Mementos
- 37 The Corporate Tax Cut
- 38 Repurchase Stock to Revitalize Equity
- 39 Anti-Trust, Bank Mergers, and the PNB Decision
- Index
- End User License Agreement