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"The Real Purpose of investment management is not to "beat the market" but do do what is right for a particular client" or yourself!
I have 16 "sticky notes" in this book, indicating to me, very relevant and important pages. Because over 90% of all NYSE public trades are now handled by professionals, you, the individual investor, cannot beat them. But, with self-discipline,..."Winning the Loser's Game is considered by many to be a classic analysis of investing." Financial Planning
The premise of the bestselling Winning the Loser's Gamethat individual investors can achieve far greater success working with financial markets than against themhas grown increasingly popular in today's hard-to-predict markets. The latest edition of this concise yet comprehensive classic offers updated strategies to leverage the power of time and compounding, protect against down cycles, and more.
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Charles D. Ellis is managing partner of Greenwich Associates, the global leader in strategy consulting to professional financial service firms. The author of ten books and nearly 100 articles on investing, Ellis has taught the investment courses at both Harvard Business School and the Yale School of Management. In addition to chairing AIMR--the investment management profession's worldwide association--he has served as a trustee of Phillips Exeter Academy, overseer of the Stern Schools of Business at NYU, and director of the Harvard Business School. He is also a trustee and chair of the investment committee at Yale University.