Tata McGraw - Hill Education
|Number of Pages
Peter Drucker referred to Winning the Loser's Game as by far the best book on investment policy and management. Now, in it's fifth edition, the investing classic has been updated and improved.
With refreshing candor, straight talk, and good humor, Winning the Loser's Game helps individual investors succeed with their investments and control their financial futures. Ellis, dubbed ?Wall Street's Wisest Man by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners.
Applying wisdom gained from half a century of working with the leading investment managers and securities firms around the world, Ellis explains how to avoid common traps and get on the road to investment success.
Winning the Loser's Game helps you set realistic objectives and develop a sensible strategy. You will learn how to:
Create an investment program based on the realities of markets
Use the unfair index fund to succeed, even in tumultuous markets
Institute an annual review process to steer your investments well into the future
Maximize investing success through five stages, from earning and saving through investing, estate planning, and giving
The need for a trustworthy investing guide has never been greater. Sixty million individuals with 401(k)s are now responsible for making important investment decisions. They know they're not experts but don't know whom to trust.
Winning the Loser's Game explains why conventional investing is a loser's game, and how you can easily make it a winner's game! TABLE OF CONTENTS
1. The Loser's Game
2. Beating the Market
3. Mr. Market and Mr. Value
4. The Investor's Dream Team
5. Investor's Risk
6. Your Unfair Competitive Advantage
7. The Paradox
10. Investment Risks
11. Building Portfolios
12. Why Policy Matters
13. The Winner's Game
14. Performance Measurement
15. Estimating the Market--Roughly
16. The Individual Investor
17. Selecting Mutual Funds
18. Thoughts for the Wealthy
19. Institutional Investing and You
20. Best Practice Investment Committees
22. Planning Your Play
23. Now What?
25. You Are Now Good to Go!
26. Parting Tips