Charles Ellis, Winning the Loser’s Game, McGraw-Hill, 2013 sixth edition
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. Now, in this new edition of his investing classic, Ellis helps you succeed in a market that’s becoming more unpredictable by the day” [Amazon site].
Ellis critiques stock picking, market timing and the fees active managers charge.