Coopoly - Logo
Summary of Charles D. Ellis's Winning the Loser's Game, Seventh Edition
Preview this ebook
Summary of Charles D. Ellis's Winning the Loser's Game, Seventh Edition
Member Price: $2.99 (what is it?)
Regular Price: $2.99
   (Quantity: 1)
Availability:
Ebook in EPUB format. Available for immediate download after we receive your order
Publisher:
Everest Media LLC
DRM:
Watermark
Publication Year:
2022
ISBN-13: 9798822512887
Description:
Please note: This is a companion version & not the original book.

Sample Book Insights:

#1 The traditional investment management approach is based on a single core belief: investors can beat the market, and superior managers will beat the market. That optimistic expectation was reasonable 50 years ago, but not today. Times have changed the markets so much in so many major ways that the premise has proven unrealistic.

#2 The difference between a winner’s game and a loser’s game is that in a winner’s game, the outcome is determined by the correct actions of the winner, while in a loser’s game, the outcome is determined by the mistakes made by the loser.

#3 The two games are fundamentally opposed. Professional tennis is a winner’s game: the outcome is determined by the actions of the winner. Amateur tennis is a loser’s game: the outcome is determined by the actions of the loser, who defeats himself or herself.

#4 The new rules of the money game are extremely difficult for active mutual fund investment managers to overcome. To at least break even, they must return more than 10. 25 percent before all their costs.
Ebook Preview
   (Quantity: 1)