Figuring It Out: Sixty Years of Answering Investors' Most Important Questions
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Newark
John Wiley & Sons, Incorporated
2022
|
| Schlagworte: | |
| Online-Zugang: | HWR01 |
| Beschreibung: | 1 Online-Ressource (354 Seiten) |
| ISBN: | 9781119898962 |
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| 100 | 1 | |a Ellis, Charles D. |e Verfasser |0 (DE-588)170182061 |4 aut | |
| 245 | 1 | 0 | |a Figuring It Out |b Sixty Years of Answering Investors' Most Important Questions |
| 264 | 1 | |a Newark |b John Wiley & Sons, Incorporated |c 2022 | |
| 264 | 4 | |c ©2022 | |
| 300 | |a 1 Online-Ressource (354 Seiten) | ||
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| 505 | 8 | |a Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Note on the Text -- Introduction -- 1 The Changing Game -- Dynamics of Innovation -- Early "Performance Investing" -- Index Funds' Growth -- Accumulating Evidence -- Changing Markets -- Behavioral Economics -- Fees Are Not Low -- 2 The Loser's Game -- 3 The Winners' Game -- Three Errors -- Error 1. Falsely Defining Our Mission -- Error 2. Incorrectly Ordering Our Priorities -- Error 3. Dropping Rigorous Counseling -- Conclusion: Our Future Promise -- 4 The Winner's Game II -- Losers' Game vs. Winners' Game -- The Winning Triangle -- Levels of the Game -- Levels Are Separable -- Becoming Mr. Market -- Three Realities -- Know Thyself -- Everyone Can Win -- Loser's Game Getting Worse -- 5 The Rise and Fall of Performance Investing -- A Brief History of Performance Investing -- A Clear Alternative -- Understanding the Social Acceptance of Innovation -- Summing Up -- Conclusion: Looking Forward -- 6 Seven Rules for More Innovative Portfolio Management in an Age of Discontinuity -- 7 Will Success Spoil Performance Investing? -- The Successful Performance Investor -- Giant Fund Manager Disadvantaged -- Liquidity Loses Usefulness -- 8 To Get Performance, You Have to Be Organized for It -- How the "New" Managers Operate -- Committees Can't Control -- Why Individuals Outperform Committees -- How "New" Management Gets Information -- Bypassing the Staff Analysts -- The Open-Minded Manager -- Market Action Is an Indicator, Too -- Performance Pays the Performers -- 9 Investing Success in Two Easy Lessons -- 10 The End of Active Investing? -- Actively Deficient -- Standing Out? -- The Good Old Days -- Poor Value -- 11 In Defense of Active Investing -- 12 Murder on the Orient Express: The Mystery of Underperformance -- The Evidence -- The Suspects -- Investment Managers -- Investment Consultants | |
| 505 | 8 | |a Fund Executives -- Investment Committees -- Conclusion -- 13 Best Practice Investment Committees -- Committee Structure -- Committee Mission -- Investment Objectives -- Self-Evaluation: Key Questions -- Spending Rule -- The Endowment Model -- 14 Levels of the Game -- 15 An Invitation to Winning -- 16 Small Slam! -- 17 A Lesson from Seaside Cemetery -- 18 Tommy Armour on Investing -- 19 Ted Williams' Great Lessons for Investors -- Know Thyself -- Do More of What You're Good At -- 20 Symptoms and Signs -- Searches for Understanding -- Good Investment Performance -- Investment Management -- What Signs Mean -- 21 Lessons from the Warwick and Château Chambord -- A Brief History -- Current Reality -- Down Side Up -- 22 Investment Management Fees Are Higher Than We Think -- 23 Computer People May Be Planning a Revolution -- 24 Characteristics of Success ful Investment Firms -- Professional Business Goals Conflict -- The Importance of Strategic Considerations -- Identifying the Big Decisions -- Our People and Our Communications -- Getting Bigger vs. Getting Better -- Tenure, Turnover, and Structure -- Compensation Now and Later -- The Power of Good Ideas and Good Clients -- Appraising "Success" -- 25 A New Paradigm of Investment Management -- The Past -- The Future -- 26 Lessons on Grand Strategy -- 27 Pension Funds Need MORE Management MANAGEMENT -- The Challenge of Modern Capital Theory -- Conclusion -- 28 The Significance of 65 -- Bismarck's Germany: A Leader in Nineteenth-Century Tech -- Living Longer Requires a Change in Thinking -- 29 Where Were We? -- 30 Hard Choices: Where Are We Now? -- The Problem -- Conclusion -- 31 Bonds for Long-Term Investors? -- 32 What Role Should Bonds Play? -- 33 Too Much Liquidity Will Cost You -- 34 Letter to My Grandkids: 12 Essential Investing Guidelines -- 35 Miss Sally's Attic -- 36 Ben Graham: Ideas as Mementos | |
| 505 | 8 | |a The Campaign for Professionalism -- Organized Knowledge -- Intrinsic Value -- The Psychology of the Stock Market -- On Price-Earnings Ratios -- Judgment and Efficient Markets -- 37 The Corporate Tax Cut -- Many Will Benefit Less -- Others Will Benefit More -- Effect of Payments Acceleration -- 38 Repurchase Stock to Revitalize Equity -- Bolder Role Needed -- Present Practice -- Major Objections -- Management Defeatism? -- Sign of Deterioration? -- Debt Taboo? -- Abuse of Power? -- Unfair to Stockholders? -- Possible Alternatives -- Distributing Surplus -- Investment Expansion -- Reducing the Equity Base -- Deriving the Standard -- Use and Significance -- Rationalizing Capital -- Cost Analysis -- Finding the Optimum -- Role of Repurchasing -- Market Reaction -- Conclusion -- 39 Anti-Trust, Bank Mergers, and the PNB Decision -- Legislative History -- Special Experience of the Justice Department -- Index -- EULA. | |
| 653 | 6 | |a Electronic books | |
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| author | Ellis, Charles D. |
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| contents | Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Note on the Text -- Introduction -- 1 The Changing Game -- Dynamics of Innovation -- Early "Performance Investing" -- Index Funds' Growth -- Accumulating Evidence -- Changing Markets -- Behavioral Economics -- Fees Are Not Low -- 2 The Loser's Game -- 3 The Winners' Game -- Three Errors -- Error 1. Falsely Defining Our Mission -- Error 2. Incorrectly Ordering Our Priorities -- Error 3. Dropping Rigorous Counseling -- Conclusion: Our Future Promise -- 4 The Winner's Game II -- Losers' Game vs. Winners' Game -- The Winning Triangle -- Levels of the Game -- Levels Are Separable -- Becoming Mr. Market -- Three Realities -- Know Thyself -- Everyone Can Win -- Loser's Game Getting Worse -- 5 The Rise and Fall of Performance Investing -- A Brief History of Performance Investing -- A Clear Alternative -- Understanding the Social Acceptance of Innovation -- Summing Up -- Conclusion: Looking Forward -- 6 Seven Rules for More Innovative Portfolio Management in an Age of Discontinuity -- 7 Will Success Spoil Performance Investing? -- The Successful Performance Investor -- Giant Fund Manager Disadvantaged -- Liquidity Loses Usefulness -- 8 To Get Performance, You Have to Be Organized for It -- How the "New" Managers Operate -- Committees Can't Control -- Why Individuals Outperform Committees -- How "New" Management Gets Information -- Bypassing the Staff Analysts -- The Open-Minded Manager -- Market Action Is an Indicator, Too -- Performance Pays the Performers -- 9 Investing Success in Two Easy Lessons -- 10 The End of Active Investing? -- Actively Deficient -- Standing Out? -- The Good Old Days -- Poor Value -- 11 In Defense of Active Investing -- 12 Murder on the Orient Express: The Mystery of Underperformance -- The Evidence -- The Suspects -- Investment Managers -- Investment Consultants Fund Executives -- Investment Committees -- Conclusion -- 13 Best Practice Investment Committees -- Committee Structure -- Committee Mission -- Investment Objectives -- Self-Evaluation: Key Questions -- Spending Rule -- The Endowment Model -- 14 Levels of the Game -- 15 An Invitation to Winning -- 16 Small Slam! -- 17 A Lesson from Seaside Cemetery -- 18 Tommy Armour on Investing -- 19 Ted Williams' Great Lessons for Investors -- Know Thyself -- Do More of What You're Good At -- 20 Symptoms and Signs -- Searches for Understanding -- Good Investment Performance -- Investment Management -- What Signs Mean -- 21 Lessons from the Warwick and Château Chambord -- A Brief History -- Current Reality -- Down Side Up -- 22 Investment Management Fees Are Higher Than We Think -- 23 Computer People May Be Planning a Revolution -- 24 Characteristics of Success ful Investment Firms -- Professional Business Goals Conflict -- The Importance of Strategic Considerations -- Identifying the Big Decisions -- Our People and Our Communications -- Getting Bigger vs. Getting Better -- Tenure, Turnover, and Structure -- Compensation Now and Later -- The Power of Good Ideas and Good Clients -- Appraising "Success" -- 25 A New Paradigm of Investment Management -- The Past -- The Future -- 26 Lessons on Grand Strategy -- 27 Pension Funds Need MORE Management MANAGEMENT -- The Challenge of Modern Capital Theory -- Conclusion -- 28 The Significance of 65 -- Bismarck's Germany: A Leader in Nineteenth-Century Tech -- Living Longer Requires a Change in Thinking -- 29 Where Were We? -- 30 Hard Choices: Where Are We Now? -- The Problem -- Conclusion -- 31 Bonds for Long-Term Investors? -- 32 What Role Should Bonds Play? -- 33 Too Much Liquidity Will Cost You -- 34 Letter to My Grandkids: 12 Essential Investing Guidelines -- 35 Miss Sally's Attic -- 36 Ben Graham: Ideas as Mementos The Campaign for Professionalism -- Organized Knowledge -- Intrinsic Value -- The Psychology of the Stock Market -- On Price-Earnings Ratios -- Judgment and Efficient Markets -- 37 The Corporate Tax Cut -- Many Will Benefit Less -- Others Will Benefit More -- Effect of Payments Acceleration -- 38 Repurchase Stock to Revitalize Equity -- Bolder Role Needed -- Present Practice -- Major Objections -- Management Defeatism? -- Sign of Deterioration? -- Debt Taboo? -- Abuse of Power? -- Unfair to Stockholders? -- Possible Alternatives -- Distributing Surplus -- Investment Expansion -- Reducing the Equity Base -- Deriving the Standard -- Use and Significance -- Rationalizing Capital -- Cost Analysis -- Finding the Optimum -- Role of Repurchasing -- Market Reaction -- Conclusion -- 39 Anti-Trust, Bank Mergers, and the PNB Decision -- Legislative History -- Special Experience of the Justice Department -- Index -- EULA. |
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| id | DE-604.BV048410896 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:24:42Z |
| indexdate | 2024-07-10T09:37:27Z |
| institution | BVB |
| isbn | 9781119898962 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033789358 |
| oclc_num | 1338836111 |
| open_access_boolean | |
| owner | DE-2070s |
| owner_facet | DE-2070s |
| physical | 1 Online-Ressource (354 Seiten) |
| psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2022 |
| publishDateSearch | 2022 |
| publishDateSort | 2022 |
| publisher | John Wiley & Sons, Incorporated |
| record_format | marc |
| spelling | Ellis, Charles D. Verfasser (DE-588)170182061 aut Figuring It Out Sixty Years of Answering Investors' Most Important Questions Newark John Wiley & Sons, Incorporated 2022 ©2022 1 Online-Ressource (354 Seiten) txt rdacontent c rdamedia cr rdacarrier Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Note on the Text -- Introduction -- 1 The Changing Game -- Dynamics of Innovation -- Early "Performance Investing" -- Index Funds' Growth -- Accumulating Evidence -- Changing Markets -- Behavioral Economics -- Fees Are Not Low -- 2 The Loser's Game -- 3 The Winners' Game -- Three Errors -- Error 1. Falsely Defining Our Mission -- Error 2. Incorrectly Ordering Our Priorities -- Error 3. Dropping Rigorous Counseling -- Conclusion: Our Future Promise -- 4 The Winner's Game II -- Losers' Game vs. Winners' Game -- The Winning Triangle -- Levels of the Game -- Levels Are Separable -- Becoming Mr. Market -- Three Realities -- Know Thyself -- Everyone Can Win -- Loser's Game Getting Worse -- 5 The Rise and Fall of Performance Investing -- A Brief History of Performance Investing -- A Clear Alternative -- Understanding the Social Acceptance of Innovation -- Summing Up -- Conclusion: Looking Forward -- 6 Seven Rules for More Innovative Portfolio Management in an Age of Discontinuity -- 7 Will Success Spoil Performance Investing? -- The Successful Performance Investor -- Giant Fund Manager Disadvantaged -- Liquidity Loses Usefulness -- 8 To Get Performance, You Have to Be Organized for It -- How the "New" Managers Operate -- Committees Can't Control -- Why Individuals Outperform Committees -- How "New" Management Gets Information -- Bypassing the Staff Analysts -- The Open-Minded Manager -- Market Action Is an Indicator, Too -- Performance Pays the Performers -- 9 Investing Success in Two Easy Lessons -- 10 The End of Active Investing? -- Actively Deficient -- Standing Out? -- The Good Old Days -- Poor Value -- 11 In Defense of Active Investing -- 12 Murder on the Orient Express: The Mystery of Underperformance -- The Evidence -- The Suspects -- Investment Managers -- Investment Consultants Fund Executives -- Investment Committees -- Conclusion -- 13 Best Practice Investment Committees -- Committee Structure -- Committee Mission -- Investment Objectives -- Self-Evaluation: Key Questions -- Spending Rule -- The Endowment Model -- 14 Levels of the Game -- 15 An Invitation to Winning -- 16 Small Slam! -- 17 A Lesson from Seaside Cemetery -- 18 Tommy Armour on Investing -- 19 Ted Williams' Great Lessons for Investors -- Know Thyself -- Do More of What You're Good At -- 20 Symptoms and Signs -- Searches for Understanding -- Good Investment Performance -- Investment Management -- What Signs Mean -- 21 Lessons from the Warwick and Château Chambord -- A Brief History -- Current Reality -- Down Side Up -- 22 Investment Management Fees Are Higher Than We Think -- 23 Computer People May Be Planning a Revolution -- 24 Characteristics of Success ful Investment Firms -- Professional Business Goals Conflict -- The Importance of Strategic Considerations -- Identifying the Big Decisions -- Our People and Our Communications -- Getting Bigger vs. Getting Better -- Tenure, Turnover, and Structure -- Compensation Now and Later -- The Power of Good Ideas and Good Clients -- Appraising "Success" -- 25 A New Paradigm of Investment Management -- The Past -- The Future -- 26 Lessons on Grand Strategy -- 27 Pension Funds Need MORE Management MANAGEMENT -- The Challenge of Modern Capital Theory -- Conclusion -- 28 The Significance of 65 -- Bismarck's Germany: A Leader in Nineteenth-Century Tech -- Living Longer Requires a Change in Thinking -- 29 Where Were We? -- 30 Hard Choices: Where Are We Now? -- The Problem -- Conclusion -- 31 Bonds for Long-Term Investors? -- 32 What Role Should Bonds Play? -- 33 Too Much Liquidity Will Cost You -- 34 Letter to My Grandkids: 12 Essential Investing Guidelines -- 35 Miss Sally's Attic -- 36 Ben Graham: Ideas as Mementos The Campaign for Professionalism -- Organized Knowledge -- Intrinsic Value -- The Psychology of the Stock Market -- On Price-Earnings Ratios -- Judgment and Efficient Markets -- 37 The Corporate Tax Cut -- Many Will Benefit Less -- Others Will Benefit More -- Effect of Payments Acceleration -- 38 Repurchase Stock to Revitalize Equity -- Bolder Role Needed -- Present Practice -- Major Objections -- Management Defeatism? -- Sign of Deterioration? -- Debt Taboo? -- Abuse of Power? -- Unfair to Stockholders? -- Possible Alternatives -- Distributing Surplus -- Investment Expansion -- Reducing the Equity Base -- Deriving the Standard -- Use and Significance -- Rationalizing Capital -- Cost Analysis -- Finding the Optimum -- Role of Repurchasing -- Market Reaction -- Conclusion -- 39 Anti-Trust, Bank Mergers, and the PNB Decision -- Legislative History -- Special Experience of the Justice Department -- Index -- EULA. Electronic books Erscheint auch als Druck-Ausgabe Ellis, Charles D. Figuring It Out Newark : John Wiley & Sons, Incorporated,c2022 9781119898955 |
| spellingShingle | Ellis, Charles D. Figuring It Out Sixty Years of Answering Investors' Most Important Questions Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Note on the Text -- Introduction -- 1 The Changing Game -- Dynamics of Innovation -- Early "Performance Investing" -- Index Funds' Growth -- Accumulating Evidence -- Changing Markets -- Behavioral Economics -- Fees Are Not Low -- 2 The Loser's Game -- 3 The Winners' Game -- Three Errors -- Error 1. Falsely Defining Our Mission -- Error 2. Incorrectly Ordering Our Priorities -- Error 3. Dropping Rigorous Counseling -- Conclusion: Our Future Promise -- 4 The Winner's Game II -- Losers' Game vs. Winners' Game -- The Winning Triangle -- Levels of the Game -- Levels Are Separable -- Becoming Mr. Market -- Three Realities -- Know Thyself -- Everyone Can Win -- Loser's Game Getting Worse -- 5 The Rise and Fall of Performance Investing -- A Brief History of Performance Investing -- A Clear Alternative -- Understanding the Social Acceptance of Innovation -- Summing Up -- Conclusion: Looking Forward -- 6 Seven Rules for More Innovative Portfolio Management in an Age of Discontinuity -- 7 Will Success Spoil Performance Investing? -- The Successful Performance Investor -- Giant Fund Manager Disadvantaged -- Liquidity Loses Usefulness -- 8 To Get Performance, You Have to Be Organized for It -- How the "New" Managers Operate -- Committees Can't Control -- Why Individuals Outperform Committees -- How "New" Management Gets Information -- Bypassing the Staff Analysts -- The Open-Minded Manager -- Market Action Is an Indicator, Too -- Performance Pays the Performers -- 9 Investing Success in Two Easy Lessons -- 10 The End of Active Investing? -- Actively Deficient -- Standing Out? -- The Good Old Days -- Poor Value -- 11 In Defense of Active Investing -- 12 Murder on the Orient Express: The Mystery of Underperformance -- The Evidence -- The Suspects -- Investment Managers -- Investment Consultants Fund Executives -- Investment Committees -- Conclusion -- 13 Best Practice Investment Committees -- Committee Structure -- Committee Mission -- Investment Objectives -- Self-Evaluation: Key Questions -- Spending Rule -- The Endowment Model -- 14 Levels of the Game -- 15 An Invitation to Winning -- 16 Small Slam! -- 17 A Lesson from Seaside Cemetery -- 18 Tommy Armour on Investing -- 19 Ted Williams' Great Lessons for Investors -- Know Thyself -- Do More of What You're Good At -- 20 Symptoms and Signs -- Searches for Understanding -- Good Investment Performance -- Investment Management -- What Signs Mean -- 21 Lessons from the Warwick and Château Chambord -- A Brief History -- Current Reality -- Down Side Up -- 22 Investment Management Fees Are Higher Than We Think -- 23 Computer People May Be Planning a Revolution -- 24 Characteristics of Success ful Investment Firms -- Professional Business Goals Conflict -- The Importance of Strategic Considerations -- Identifying the Big Decisions -- Our People and Our Communications -- Getting Bigger vs. Getting Better -- Tenure, Turnover, and Structure -- Compensation Now and Later -- The Power of Good Ideas and Good Clients -- Appraising "Success" -- 25 A New Paradigm of Investment Management -- The Past -- The Future -- 26 Lessons on Grand Strategy -- 27 Pension Funds Need MORE Management MANAGEMENT -- The Challenge of Modern Capital Theory -- Conclusion -- 28 The Significance of 65 -- Bismarck's Germany: A Leader in Nineteenth-Century Tech -- Living Longer Requires a Change in Thinking -- 29 Where Were We? -- 30 Hard Choices: Where Are We Now? -- The Problem -- Conclusion -- 31 Bonds for Long-Term Investors? -- 32 What Role Should Bonds Play? -- 33 Too Much Liquidity Will Cost You -- 34 Letter to My Grandkids: 12 Essential Investing Guidelines -- 35 Miss Sally's Attic -- 36 Ben Graham: Ideas as Mementos The Campaign for Professionalism -- Organized Knowledge -- Intrinsic Value -- The Psychology of the Stock Market -- On Price-Earnings Ratios -- Judgment and Efficient Markets -- 37 The Corporate Tax Cut -- Many Will Benefit Less -- Others Will Benefit More -- Effect of Payments Acceleration -- 38 Repurchase Stock to Revitalize Equity -- Bolder Role Needed -- Present Practice -- Major Objections -- Management Defeatism? -- Sign of Deterioration? -- Debt Taboo? -- Abuse of Power? -- Unfair to Stockholders? -- Possible Alternatives -- Distributing Surplus -- Investment Expansion -- Reducing the Equity Base -- Deriving the Standard -- Use and Significance -- Rationalizing Capital -- Cost Analysis -- Finding the Optimum -- Role of Repurchasing -- Market Reaction -- Conclusion -- 39 Anti-Trust, Bank Mergers, and the PNB Decision -- Legislative History -- Special Experience of the Justice Department -- Index -- EULA. |
| title | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_auth | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_exact_search | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_exact_search_txtP | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_full | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_fullStr | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_full_unstemmed | Figuring It Out Sixty Years of Answering Investors' Most Important Questions |
| title_short | Figuring It Out |
| title_sort | figuring it out sixty years of answering investors most important questions |
| title_sub | Sixty Years of Answering Investors' Most Important Questions |
| work_keys_str_mv | AT ellischarlesd figuringitoutsixtyyearsofansweringinvestorsmostimportantquestions |