The Index Revolution, Charles D. Ellis
The Index Revolution, Charles D. Ellis
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The Index Revolution
Why Investors Should Join It Now

Author: Charles D. Ellis, Burton G. Malkiel

Narrator: Jim Seybert

Unabridged: 4 hr 19 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 09/17/2024

Includes: Bonus Material Bonus Material Included


Synopsis

The Index Revolution argues that active investing is a loser's game, and that a passive approach is more profitable in today's market. By adjusting your portfolio asset weights to match a performance index, you consistently earn higher rates of returns and come out on top in the long run. This book explains why, and describes how individual investors can take advantage of indexing to make their portfolio stronger and more profitable. By indexing investment operations at a very low cost, and trusting that active professionals have set securities prices as correctly as possible, you will achieve better long-term results than those who look down on passive approaches while following outdated advice that no longer works.

● Structure your portfolio to perform better over the long term

● Trust in the pricing and earn higher rates of return

● Learn why a passive approach is more consistent and worthwhile

● Ignore overblown, outdated advice that is doomed to disappoint

All great investors share a common secret to success: rational decision-making based on objective information. The Index Revolution shows you a more rational approach to the market for a more profitable portfolio.

About Charles D. Ellis

Charles D. Ellis is a consultant to large institutional investors and government agencies. For thirty years, he was a managing partner of Greenwich Associates, an international business strategy consulting firm he founded that serves virtually all the leading financial service organizations around the world. Ellis earned his M.B.A. from Harvard University and his Ph.D. from New York University. He has taught investment management courses at Harvard and Yale, and he is the author of twelve books, including Capital: The Story of Long-Term Investment Excellence and Wall Street People: True Stories of Today's Masters and Moguls. Ellis has served on the boards of Harvard Business School and Phillips Exeter Academy and is currently chairman of the Whitehead Institute for Biomedical Research, a trustee of the Robert Wood Johnson Foundation, a director of Vanguard, and a trustee and chair of the investment committee at Yale University.


Reviews

Goodreads review by Paul on October 08, 2017

What is an index fund, or an Exchange Traded Fund (ETF), and why should the average investor care about them? Take your average mutual fund. Perhaps it covers a specific sector, like biotech, or small-cap (capitalization) stocks. The fund manager had a great year last year, beating the market. That d......more