Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

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CD

Charles D. Ellis

T1InvestorsJournalistsThe investment industry and its firms

Founded Greenwich Associates, a strategy consultancy to financial institutions, in 1972; argues for diversified passive investing through index funds.

Greenwich AssociatesYale

His 1975 essay 'The Loser's Game' is the primary source that reframed active management as a negative-sum contest, and the argument is still cited verbatim.

21 books of their own · 4 articles · 31 appearances

Books 21Writing 4Appearances 31Profiles 1

Start here

  1. Institutional Investing1971
  2. The Repurchase of Common StockAllan E. Young, 1971
  3. The Second Crash1973
Institutional InvestingInstitutional Investing
T4 Institutional Investing
Charles D. Ellis · 1971
Open LibraryGoodreads
The Repurchase of Common Stock
T4 The Repurchase of Common Stock
Charles D. Ellis, Allan E. Young · 1971
Open LibraryGoodreads
The Second CrashThe Second Crash
T4 The Second Crash
Charles D. Ellis · 1973
Open LibraryGoodreads
Investment Policy: How to Win the Loser's GaInvestment Policy: How to Win the Loser's Game
T4 Investment Policy: How to Win the Loser's Game
Charles D. Ellis · 1985
Open LibraryGoodreads

Later expanded into Winning the Loser's Game

Classics II: Another Investor's AnthologyClassics II: Another Investor's Anthology
T4 Classics II: Another Investor's Anthology
Charles D. Ellis, James R. Vertin · 1991
Open LibraryGoodreads

Edited anthology

The Investor's AnthologyThe Investor's Anthology
T4 The Investor's Anthology
Charles D. Ellis · 1997
Open LibraryGoodreads

Edited anthology

Winning the Loser's GameWinning the Loser's Game
T4 Winning the Loser's Game
Charles D. Ellis · 1998
Open LibraryGoodreads

Why active investing became a loser's game, decided by errors, not by skill.

“In his marvelous book, Winning the Loser's Game, Charlie Ellis says” — Bill Miller

Source: Bill Miller 2Q 2020 Market Letter

Recommended by: Bill Miller, Mohnish Pabrai, Howard Marks

Wall Street PeopleWall Street People
T4 Wall Street People
Charles D. Ellis, James R. Vertin · 2001
Open LibraryGoodreads

Edited anthology, two volumes

Recommended by: Mohnish Pabrai

Financial Services without BordersFinancial Services without Borders
T4 Financial Services without Borders
Charles D. Ellis · 2001
Open LibraryGoodreads
Capital: The Story of Long-Term Investment ECapital: The Story of Long-Term Investment Excellence
T4 Capital: The Story of Long-Term Investment Excellence
Charles D. Ellis · 2004
Open LibraryGoodreads

How Capital Group built its long-term investing culture.

Recommended by: Mohnish Pabrai

Joe Wilson and the Creation of XeroxJoe Wilson and the Creation of Xerox
T4 Joe Wilson and the Creation of Xerox
Charles D. Ellis · 2006
Open LibraryGoodreads
The Partnership: The Making of Goldman SachsThe Partnership: The Making of Goldman Sachs
T2 The Partnership: The Making of Goldman Sachs
Charles D. Ellis · 2008
Open LibraryGoodreads

Goldman Sachs from Marcus Goldman's commercial paper to its 1999 public offering.

Recommended by: Mohnish Pabrai

The Elements of InvestingThe Elements of Investing
T4 The Elements of Investing
Burton G. Malkiel, Charles D. Ellis · 2009
Open LibraryGoodreads

Save early, index, diversify, cut costs, rebalance: investing rules in 100 pages.

What It Takes: Seven Secrets of Success from
T4 What It Takes: Seven Secrets of Success from the World's Greatest Professional Firms
Charles D. Ellis · 2013
Open LibraryGoodreads
Falling Short: The Coming Retirement Crisis
T4 Falling Short: The Coming Retirement Crisis and What to Do About It
Charles D. Ellis, Alicia H. Munnell, Andrew D. Eschtruth · 2014
Open LibraryGoodreads
The Index RevolutionThe Index Revolution
T4 The Index Revolution
Charles D. Ellis · 2016
Open LibraryGoodreads
Figuring It Out: Sixty Years of Answering In
T4 Figuring It Out: Sixty Years of Answering Investors' Most Important Questions
Charles D. Ellis · 2022
Open LibraryGoodreads
Inside Vanguard
T3 Inside Vanguard
Charles D. Ellis · 2022
Open LibraryGoodreads
Rethinking Investing
T4 Rethinking Investing
Charles D. Ellis · 2025
Open LibraryGoodreads
Great American Investments
T4 Great American Investments
Charles D. Ellis · 2026
Open LibraryGoodreads
Classics: An Investor's Anthology
T4 Classics: An Investor's Anthology
Charles D. Ellis, James R. Vertin
Goodreads

Recommended by: Mohnish Pabrai

Institutional Investing–1971–
The Repurchase of Common Stock–1971T4–
The Second Crash–1973T4–
Investment Policy: How to Win the Loser's GameLater expanded into Winning the Loser's Game1985–
Classics II: Another Investor's AnthologyEdited anthology1991–
The Investor's AnthologyEdited anthology1997–
Winning the Loser's GameWhy active investing became a loser's game, decided by errors, not by skill.1998T4Bill Miller, Mohnish Pabrai, Howard Marks
Wall Street PeopleEdited anthology, two volumes2001T4Mohnish Pabrai
Financial Services without Borders–2001T4–
Capital: The Story of Long-Term Investment ExcellenceHow Capital Group built its long-term investing culture.2004T4Mohnish Pabrai
Joe Wilson and the Creation of Xerox–2006–
The Partnership: The Making of Goldman SachsGoldman Sachs from Marcus Goldman's commercial paper to its 1999 public offering.2008T2Mohnish Pabrai
The Elements of InvestingSave early, index, diversify, cut costs, rebalance: investing rules in 100 pages.2009–
What It Takes: Seven Secrets of Success from the World's Greatest Professional Firms–2013T4–
Falling Short: The Coming Retirement Crisis and What to Do About It–2014T4–
The Index Revolution–2016–
Figuring It Out: Sixty Years of Answering Investors' Most Important Questions–2022–
Inside Vanguard–2022T3–
Rethinking Investing–2025–
Great American Investments–2026–
Classics: An Investor's Anthology–Mohnish Pabrai

Tags

greenwich-associatesyale-endowmentvanguardgoldman-sachsjohn-c-bogleburton-malkieldavid-swensenasset-managementequitiesendowmentsinvestment-bankingindexingloser-s-gameactive-vs-passiveinvestment-policyprofessional-firms