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 Books
Charles D. Ellis is a leading American investment consultant, renowned for his philosophy of passive investing through index funds. His approach emphasizes a long-term strategy and the avoidance of costly market mistakes. Ellis's insights focus on the principles that lead to investment success, highlighting discipline and patience over active trading. His influence on the modern investment world is significant, shaping how many approach wealth management and financial goal achievement.






The partnership : the making of Goldman Sachs
- 768 pages
- 27 hours of reading
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.
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.
Use this practical guide from the leading voice in the people profession to ensure your business and your workforce thrive in the new world of work.
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.
Partnerstvo. Príbeh o Goldman Sachs
- 538 pages
- 19 hours of reading
Sidney Weinberg pracoval ako poslíček. John Whitehead sa počas druhej svetovej vojny vylodil v Deň D na pobreží Normandie. Gustave Levy bol synom výrobcu debien. Stephen Friedman sa stal predsedom výboru pre zahraničné spravodajstvo prezidenta Spojených štátov. Čo majú títo muži spoločné? Závratnú kariéru v spoločnosti Goldman Sachs. Inšpirujte sa príbehmi mužov, ktorí vládli prestížnej svetovej finančnej inštitúcii, v ktorej sa úcta ku klientovi, pracovné nasadenie, tímový duch a kreativita stali základnými stavebnými kameňmi cesty k úspechu a prosperite.
Partnerství. Zrození Goldman Sachs
- 525 pages
- 19 hours of reading
Sidney Weinberg pracoval ako poslíček. John Whitehead sa počas druhej svetovej vojny vylodil v Deň D na pobreží Normandie. Gustave Levy bol synom výrobcu debien. Stephen Friedman sa stal predsedom výboru pre zahraničné spravodajstvo prezidenta Spojených štátov. Čo majú títo muži spoločné? Závratnú kariéru v spoločnosti Goldman Sachs. Inšpirujte sa príbehmi mužov, ktorí vládli prestížnej svetovej finančnej inštitúcii, v ktorej sa úcta ku klientovi, pracovné nasadenie, tímový duch a kreativita stali základnými stavebnými kameňmi cesty k úspechu a prosperite.
