Charlie Ellis pointed out in his famous book “Winning the Losers Game” that one of the best ways to outperform the market in the ‘investment game’ is not to pick winners but to avoid the losers, i.e. assets that drop sharply in price. Charlie wrote this advice for individual investors but it works well for professional fund managers, too, as a
Winning the global losers game
Winning the global losers game
Winning the global losers game
Charlie Ellis pointed out in his famous book “Winning the Losers Game” that one of the best ways to outperform the market in the ‘investment game’ is not to pick winners but to avoid the losers, i.e. assets that drop sharply in price. Charlie wrote this advice for individual investors but it works well for professional fund managers, too, as a