From the Back Cover
"Of the thousands upon thousands of books for individual investors, perhaps a dozen are worth reading. Of the dozen, only one is written with verve and clarity. Read this classic, learn its lessons, follow its precepts and prosper."
--David F. Swenson, Chief Investment Officer, Yale University
"The best book about investing? The answer is simple:
Winning the Loser's Game."
--F. William McNabb III, former Chairman and CEO, The Vanguard Group, Inc.
"
Winning the Loser's Game is one of a tiny handful of books that should be read by every investor. Charley Ellis has written a timeless investment classic that will be as worth reading 50 years from now as today, but for your own sake, don't wait to pick it up."
--Seth Alexander, President, MIT Investment Management Company
"A seminal work. Its true and tested investing principles, vindicated over decades of experience, provide an invaluable framework for institutional and retail investors alike. The message resonates even more powerfully in today's world of unorthodox economic policy-making and lasting financial distortions."
--Gumersindo Oliveros, CEO and CIO, KAUST Investment Management
"A true must-read classic!"
--Martin Leibowitz, Managing Director, Morgan Stanley Research
"A must-read. This clearly written book explores concepts essential to both institutional and individual investors. It is not a simplistic 'do-it-yourself ' cookbook, but an elegant guide to investment truths and paradoxes."
--Abby Joseph Cohen, Stock Market Strategist and Managing Director, Goldman, Sachs & Co.
"To invest well is a daunting task no matter one's financial sophistication. It's especially so for individual investors because their investment decisions are so closely intertwined with life circumstances and choices.
Winning the Loser's Game provides a powerful framework and clear prescriptions for establishing a game plan to deliver long-term investment success. Charley Ellis lucidly explains how the bar for winning is high, yet very attainable. It is a must-read for individual investors and advisors alike."
--Andre Perold, Co-Founder, Managing Partner, and Chief Investment Officer of HighVista Strategies
"Investors face today one of the most uncertain and difficult investing environments in a generation. A classic is by definition timeless, a source of inspiration and guidance in every circumstance.
Winning the Loser's Game fits the mold to perfection: Its lessons for investors, and very especially individual investors, have never been more valuable than today."
--Luis M. Viceira, George E. Bates Professor, Harvard Business School
"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 investor's bookshelf."
--Consuelo Mack, Executive Producer and Managing Editor, Consuelo Mack WealthTrack
"A must-read. This clearly written book explores concepts essential to both institutional and individual investors. It is not a simplistic 'do-it-yourself ' cookbook, but an elegant guide to investment truths and paradoxes."
--Abby Joseph Cohen, Stock Market Strategist and Managing Director, 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 You'll Ever Need
