Howard MarksInvestor and writer · Oaktree Capital Management
Recommended
Winning the Loser's Game
Charles Ellis · 1985 · 280 pages
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About the book
An influential essay by Charles Ellis on fixed-income investing and portfolio management, challenging the narrative that amateur investors can consistently beat the market. Ellis argues that the 'loser's game' is the game active investors play, and presents a strategy focused on lower costs, diversification, and discipline — principles that have become fundamental to modern passive investment philosophy.
Book details
| Author | Charles Ellis |
|---|---|
| Year of publication | 1985 |
| Pages | 280 |
Recommended by 1 person
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