Audiobooks by Charles D. Ellis

Rethinking Investing: A Very Short Guide to Very Long-Term Investing

In just ten short, accessible, and inviting chapters, Rethinking Investing: A Very Short Guide on Very Long-Term Investing presents straightforward steps that ordinary people can take to better invest their money. This book dispels myths about the value of investment managers, highlights emotional tendencies that can cloud our financial judgment, explains why index funds are a savvy choice, and reveals secrets like why it's better to wait until age seventy to receive Social Security benefits—along with the calculations that make this decision crystal-clear. Written by renowned investor and popular author Charley Ellis, this must-have resource shows you how to set yourself up for investment success in three easy steps, with information on creating an optimal nest-egg withdrawal strategy to ensure you never run out of money, even if you live until age 100; maximizing returns through tactics like reducing your tax bill and making full use of diversified investment vehicles; and using a safe, passive investment strategy and letting the modern stock market do all of the hard work for you. Rethinking Investing is an essential listen for long-term investors who want to start getting more from their money, especially those in or approaching retirement seeking to secure happier outcomes later in life.

Charles D. Ellis (Author), John Patrick Walsh (Narrator)

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The Index Revolution: Why Investors Should Join It Now

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as possible, you will achieve better long-term results than those who look down on passive approaches while following outdated advice that no longer works.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.

Charles D. Ellis (Author), Jim Seybert (Narrator)

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Falling Short: The Coming Retirement Crisis and What to Do About It

The United States faces a serious retirement challenge. Many of today's workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement. Solving the problem is a major challenge in today's environment in which risk and responsibility have shifted from government and employers to individuals. For this reason, Charles D. Ellis, Alicia H. Munnell, and Andrew D. Eschtruth have written this concise guide for anyone concerned about their own-and the nation's-retirement security. Falling Short offers the necessary context for understanding the nature and size of the retirement income shortfall, which is caused by both increasing income needs-due to longer lifespans and rising health costs-and decreasing support from Social Security and employer-sponsored pension plans. The solutions are to work longer and save more by building on the existing retirement system. To work longer, individuals should plan to stay in the labor force until age seventy if possible. To save more, policymakers should shore up Social Security's long-term finances; make all 401(k) plans fully automatic, with workers allowed to opt out; and ensure that everyone has access to a retirement savings plan. Individuals should also recognize that their house is a source of saving, which they can tap in retirement.

Alicia H. Munnell, Andrew D. Eschtruth, Charles D. Ellis (Author), Michael Butler Murray (Narrator)

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Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Inve

This rare intimate look at Jack Bogle and his world-changing investment organization provides invaluable lessons for investors, for business leaders, and for historians of finance One of the world's largest, fastest-growing, and most trusted investing institutions, Vanguard serves over 30 million clients, manages more than eight trillion dollars, and is an influential industry disruptor. Now, Charles D. Ellis reveals the story behind Vanguard's rise to the top of the investing world. Provided unprecedented access to Vanguard's leaders, including Bogle himself, Ellis explains why Bogle started Vanguard and how he developed it into an investment industry disrupter and, eventually, an industry leader. Along the way, you'll learn practical lessons about: active investing, index investing, ETFs, mergers, and building and running a business. Ellis includes in-depth interviews with the executives and key leaders of Vanguard, clear takeaways and lessons from their experiences, a primer on ETFs, and Jack Brennan's Leadership Principles. From the emergence of index funds to the success of exchange-traded funds, Inside Vanguard is a near-Shakespearian drama of individual human struggle and triumph.

Charles D. Ellis (Author), Mike Chamberlain (Narrator)

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Winning the Loser's Game: Timeless Strategies for Successful Investing, Eighth Edition

Technology, information overload, and increasing market dominance by expert investors and computers make it harder than ever to produce investing results that overcome operating costs and fees. Winning the Loser's Game reveals everything you need to know to reduce costs, fees, and taxes, and focus on long-term policies that are right for you. Candid, short, and accessible, Winning the Loser's Game walks you through the process of developing and implementing a powerful investing strategy that generates solid profits year after year. In this eagerly awaited new edition, Charles D. Ellis applies the expertise developed over his long, illustrious career. This updated edition includes: new chapters on bond investing, how investor behavior affects returns, and how technology and big data are challenging traditional investment decision; new research and evidence supporting the case for indexing investment operations; and new insights into the role of governance, developing a comprehensive saving strategy, and the power of regression to the mean. Companies change, and markets and economies go up and down-sometimes a lot. But the core principles of successful investing never change-and never will. That's why, when you've listened to this book, you'll know all you really need to know to be successful in investing.

Charles D. Ellis (Author), Andrew B Wehrlen, Andrew B. Wehrlen (Narrator)

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Stewardship: Lessons Learned from the Lost Culture of Wall Street

This book is about the author's journey towards understanding and affirming the importance of Stewardship as a core principle for him, personally; for the financial services industry; for the global financial system; and for society at large. The book defines stewardship and describes the attributes of authentic stewardship. It suggests a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms) and, ultimately, calls for a return to stewardship core principles as the key to not only minimize the scope and consequences of future financial system failures, but also to addressing other societal challenges.

Charles D. Ellis, John C. Bogle, John G. Taft (Author), Richard Fish (Narrator)

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What It Takes: Seven Secrets of Success from the World's Greatest Professional Firms

What It Takes is the distillation of lessons learned during nearly half a century of working backstage with the leaders of major professional firms as a trusted adviser on strategy and management, observing a few firms rise deliberately to leadership while many others with comparable hopes could not. Over and over again, in dozens of private meetings with firm leaders, the core questions were: Why do some firms rise to leadershipand why do most not make it? What does it take to excel? Perhaps even more important, what does it take to sustain excellence over years and decades, through success and adversity? Experience teaches that in a competitive market, organizations can rise to acknowledged leadership only by excelling in several specific areas: defining a compelling organizational mission and developing a strong complementary culture; consistently recruiting clearly superior people and training them intensively; organizing and motivating them to work in effective teams devoted to serving important clients on their most important problems; and continuously finding new and better ways, both large and small, to deliver distinctive value for clients. The extensive research for this book is based on decades of studying the success and failure of hundreds of professional firms in North America, Europe and Asia, and on over 300 formal interviews with the past and current leaders of the five extraordinary professional firms that exemplify the elements of durable excellenceMcKinsey in consulting, Cravath, Swaine & Moore in law, Goldman Sachs in investment banking, Capital Group in investment management and Mayo Clinic in health care.

Charles D. Ellis (Author), Bernard Clark (Narrator)

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The Elements of Investing: Easy Lessons for Every Investor, Updated Edition

In the updated edition of The Elements of Investing, authors Charles Ellis and Burton Malkiel-two of the world's greatest financial thinkers-have again combined their talents to produce a straight-talking book about investing and saving. Written with every investor in mind, this reliable resource will put you on a path towards a lifetime of financial success. Malkiel and Ellis skillfully focus their message to address the essentials and offer a set of simple, but powerful thoughts on how to avoid Mr. Market and his 'loser's game,' and instead enjoy the 'winner's' approach to investing. All the investment rules and principles you need to succeed are here-with clear advice on how to follow them. - Shows you how to focus on the long term instead of following market fluctuations that are likely to lead to costly investing mistakes - Contains investment insights that can carry you all the way to, and through, retirement - Written by Burton G. Malkiel, the bestselling author of A Random Walk Down Wall Street, and Charles D. Ellis, the bestselling author of Winning the Loser's Game

Burton G. Malkiel, Charles D Ellis, Charles D. Ellis (Author), Keith Sellon-Wright (Narrator)

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The Elements of Investing

The Elements of Investing has a single-minded goal: to teach the principles of investing in the same pared-to-bone manner that Professor William Strunk Jr. once taught composition to students at Harvard, using his classic little book, The Elements of Style. With great daring, Ellis and Malkiel imagined their own Little Red Schoolhouse course in investing for every investor around the world--and then the audio book. The objective is the bantam weight champion of investing books for individual investors: a fighting machine, like Rocky, prepared to go toe-to-toe with Benjamin Graham's nemesis, the indominitable Mr. Market. The Elements of Investing hacks away at all the overtrading and overthinking so predominant in the hyperactive thought patterns of the average investor. Malkiel and Ellis offer investors a set of timeless thoughts on how to challenge Mr. Market at his own game, and win by not losing. All the essential rules and principles are dancing here on the head of a pin.

Burton G Malkiel, Burton G. Malkiel, Charles D Ellis, Charles D. Ellis (Author), Erik Synnestvedt (Narrator)

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The Partnership: The Making of Goldman Sachs

Charles D. Ellis (Author), Norman Dietz (Narrator)

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Winning the Loser's Game

'Winning the Loser's Game is considered by many to be a classic analysis of investing.' Financial Planning The premise of the bestselling Winning the Loser's Gamethat individual investors can achieve far greater success working with financial markets than against themhas grown increasingly popular in today's hard-to-predict markets. The latest edition of this concise yet comprehensive classic offers updated strategies to leverage the power of time and compounding, protect against down cycles, and more.

Charles D. Ellis (Author), John Lescault (Narrator)

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