In this updated investing classic, market expert Charles D. Ellis offers a solid and unbiased analysis of how markets work today, and he explains why even the best professionals can no longer expect to sustain a winning streak. The savviest strategy for individual investors, he argues, is to invest in low-cost index funds where the objective is to replicate - not outperform - the broad market. While getAbstract never offers investment advice, it believes that anyone saving and investing to achieve a comfortable retirement and other goals will want this important reference book in their libraries
Charles D. Ellis Livres
Charles D. Ellis est un éminent consultant en investissement américain, réputé pour sa philosophie d'investissement passif via les fonds indiciels. Son approche met l'accent sur une stratégie à long terme et l'évitement d'erreurs coûteuses sur le marché. Les idées d'Ellis se concentrent sur les principes qui mènent au succès en investissement, soulignant la discipline et la patience par rapport au trading actif. Son influence sur le monde de l'investissement moderne est significative, façonnant la manière dont beaucoup abordent la gestion de patrimoine et l'atteinte des objectifs financiers.






The partnership : the making of Goldman Sachs
- 768pages
- 27 heures de lecture
Despite financial turmoil, Goldman Sachs remain the leading investment bank in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. In The Partnership Charles Ellis reveals their story. With unparalleled access to the leadership of this famously close-knit firm, Ellis investigates the brilliant individuals who turned a marginal family business into a global powerhouse, weathering recession, scandal and disaster on the way. Among them are high school dropout and financial genius Sidney Weinberg, maverick reinventor John Whitehead, former US treasury secretary Hank Paulson and working-class New Yorker turned current CEO, Lloyd Blankfein. The Partnership reveals the shared values of intensive recruitment, discipline and talent that have tied Goldman Sachs's people together - and made it a survivor.
Winning the Loser's Game - Timeless Strategies for Successful Investing
- 269pages
- 10 heures de lecture
The updated sixth edition of "Winning the Loser's Game" is a classic guide for novice investors, explaining how stock markets operate and outlining steps to achieve long-term success. Praised by industry leaders, it emphasizes setting realistic goals and maintaining a sensible strategy. Charles D. Ellis brings extensive experience in finance and education.
Capital
- 336pages
- 12 heures de lecture
Capital Group is one of the largest investment management organisations in the world, and yet has always shunned the publicity courted my many other leading institutions. For the first time, Charles Ellis takes you inside one of the most elite and yet private investment firms.
Goldman Sachs is without peer in the world of finance. And yet the mystery of how Goldman Sachs accomplishes record profits, year after year, remains. Working as a strategy consultant to Goldman Sachs for more than thirty years, Charles D. Ellis developed close relationships with many of the firm's past and present leaders around the world and gained extraordinary access to all aspects of the business. In The Partnership, he reveals the key events and decisions that tell the colourful, character-driven story of how Goldman Sachs became what it is today. Starting as a sole proprietorship dealing in commercial paper in the mid-nineteenth century, Goldman Sachs became an innovative underwriter, struggled to survive the crash and Depression, and came out of World War II to complete what was then the single most important transaction in Wall Street's history: Ford Motor Company's IPO. Goldman Sachs overcame a full set of dramatic perils: Penn Central's bankruptcy, Robert Maxwell's abusive frauds, and insider trading scandals. Ellis uncovers how the firm's core values, intensive recruiting, entrepreneurial creativity, and disciplined risk taking laid the foundations, multiplied the firm's resources and profits and magnified its power to help it become what it is today: one of the most successful business organizations in the world.
Wall Street People
- 360pages
- 13 heures de lecture
"Wall Street People" offers an insider's look at the most influential financial personalities, past and present. Authors Charles Ellis and James Vertin share captivating stories of triumph and failure, featuring figures like Warren Buffett and Alan Greenspan, alongside notable losers. A must-read for anyone intrigued by Wall Street's history.
This rare intimate look at the world’s fastest growing investment manager provides invaluable lessons for investors and business leaders. One of the world’s largest and most trusted investing institutions, Vanguard serves over 30 million clients, manages more than eight trillion dollars, and is an influential industry disruptor. Now, Charles D. Ellis―referred to by Money magazine as “Wall Street’s wisest man”―reveals the story behind Vanguard’s rise to the top of the investing world. Provided unprecedented access to Vanguard’s leaders, Ellis explains why Jack Bogle started Vanguard and how he and his successors developed it into an investment industry disrupter that became the global leader Ellis includes in-depth interviews with the executives and key leaders of Vanguard, clear takeaways and lessons from their experiences, a primer on ETFs, and Jack Brennan’s Leadership Principles. From the emergence of index funds to the success of exchange-traded funds, Inside Vanguard is a near-Shakespearian drama of individual human struggle and triumph.
The inside story of one of the world?s most powerful financial Institutions Now with a new foreword and final chapter, The Partnership chronicles the most important periods in Goldman Sachs?s history and the individuals who built one of the world?s largest investment banks. Charles D. Ellis, who worked as a strategy consultant to Goldman Sachs for more than thirty years, reveals the secrets behind the firm?s continued success through many life-threatening changes. Disgraced and nearly destroyed in 1929, Goldman Sachs limped along as a break-even operation through the Depression and WWII. But with only one special service and one improbable banker, it began the stage-by-stage rise that took the firm to global leadership, even in the face of the world-wide credit crisis.
Joe Wilson and the Creation of Xerox
- 396pages
- 14 heures de lecture
Charley Ellis has written a magnificent portrait, capturing the indomitable spirit of Joe Wilson and his instinctive understanding of the need for and commercial usefulness of a transforming imaging technology.
What It Takes
- 304pages
- 11 heures de lecture
Having devoted a career that spans fifty years to consulting with and studying professional firms in the Americas, Asia, and Europe, the author learned firsthand how difficult it is for an organization to go beyond very good and attain, as well as sustain, excellence. In this title, he shares his hard-won insights with you.