BOOK · [2083]
Winning the Loser's Game
Winning the Loser's Game
Investing
Ellis's classic case for index investing, built on the idea that amateur tennis (and amateur investing) is won by avoiding losers. Howard Marks recommends it.
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Howard Marks
“If you think you can see the future and the world is going to go according to your decisions, go for winners. But if you think the world is full of randomness and uncertainty, spend your time trying to avoid losers.”