Winning the Loser's Game Charles Ellis T he fifth book in the Investing Book Highlights series is Winning the Loser's Game by Charles Ellis. This book delivers timeless strategies for successful investing. Ellis offers critical information about how most investors can outperform the market for steady, long-term gains. Winning the Loser's Game via YouTube TOP TEN JOTS 10. The loser's game The loser's game outcome is determined by the mistakes made by the loser. "The basic assumption that many institutional investors can outperform today’s market is false" states Ellis. The competition between institutional investors means that it is very difficult to outperform each other not to mention the market especially when taking in the cost of active management fees. Most individual investors have even less of a chance of out-performance given the opposition they are against. 9. Over the very long run, the market can be a...
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