Charles D Ellis is one of the most widely respected experts in the world of investing. He is a consultant to some of the world’s largest pension, endowment and sovereign wealth funds. For three decades, he was managing partner of Greenwich Associates, a leading strategy consulting firm in institutional financial services. He has written 16 books and more than 100 articles, mostly on investing, and taught advanced courses on investment management at Harvard Business School, the Yale School of Management and the investment profession’s in-service workshop at Princeton. In his latest book, The Index Revolution: Why Investors Should Join It Now, released in October, Ellis explains how over the span of 50 years, he came to believe that the market "can’t be beaten". It’s essential reading for anyone who still thinks otherwise. Ellis began his investment career with Rockefeller Brothers, which managed investments for Rockefeller family members, in 1963. "Setting my pay at $6,000 was easy,"...

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