Strategie senza tempo per investimenti di successo. Come vincere al gioco dei perdenti

A short book with lots of difficult vocabulary about investing that concentrates too much on institutional investors especially through the beginning of the book. Ellis highlights a few central themes at the beginning about risk, returns, and portfolios with similarities to the points of Bernstein a Leggi tutto

Recently, I have been wondering about the deeper insights into investing to see what is beyond trend readings and the rising or falling slopes of stock price graphs. More like, how to understand the market rather than understanding which possible company has potential. I decided to pick up this book Leggi tutto

Winning the Losers Game by Charles D. Ellis is a good book to understand the intricacies in the field of investment. Reading Winning the Loser’s Game significantly improved my understanding of the field of investment. In this article, I am summarizing the major learnings form this book. In a winner’ Leggi tutto

This is one of the books that actually changed the world - well the investment world at least. Starting in the 1950’s, Harry Markowitz and others in academia developed what later became modern portfolio theory (MPT). The thing was that the investment industry didn’t really pick up on these novelties Leggi tutto

Simple is usually best. In this case, the simplification takes away from real world issues that clients can have regarding their allocation and actual needs for money at inopportune times in the market. But there are worse books.

I should have read this book years ago. Instead, for the last decade or so I’ve relied on two separate investment advisors who fit all the characteristics the the author describes and made the mistakes he points out (e.g. getting into “hot funds” then selling at a low point). And both made more mone Leggi tutto