Quotes

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Quotes by Charles Ellis (3)

Charles Ellis, Ph.D.
"The long-term data repeatedly document that investors would benefit by switching from active performance investing to low-cost indexing."
Charles Ellis, Ph.D.
"Contrary to their oft articulated goal of outperforming the market averages, investment managers are not beating the market; the market is beating them."
Charles Ellis, Ph.D.
"The average long-term experience in investing is never surprising, but the short term experience is always surprising. We now know to focus not on rate of return, but on the informed management of risk."