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Investment Policy: How to Win the Loser's Ga

Investment Policy: How to Win the Loser's Game

Charles D. Ellis
1985
94 pages ยท about 1h 34m to read OL2756493Wgoodreads

Later expanded into Winning the Loser's Game

About Charles D. Ellis

Founder of Greenwich Associates; chair of the Yale endowment investment committee; author of 'The Loser's Game'

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.

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Where it sits in the reference 1

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