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Winning the Loser's Game
Last discussed Mar 25, 2026
An influential investment article and later book by Charles Ellis about investment strategy and market efficiency.
Recently discussed in
Watch This Before You Invest Another Dollar
Howard Marks · Mar 25, 2026
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Howard Marks
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"Back in 74, I think Charlie Ellis wrote an article, winning the losers game, where he said that because you can't predict the future, active investing doesn't work."
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