This week, our Masters in Business radio podcast features Charley Ellis, former Chairman of the Yale Endowment, Vanguard Group Board member, chairman of the CFA Institute, and author of Winning the Loser’s Game: Timeless Strategies for Successful Investing.
Following a B.A. in Art History from Yale and an MBA from Harvard Business School, Ellis explains how he accidentally began his career in the Rockefeller family office. He ended went on to launch his own consulting firm Greenwich Associates, which caters to banks, investment houses and other financial entities. He chaired the CFA Institute, served on the faculty of Harvard Business School and the Yale School of Management, and was Chairman of the Yale Endowment, where he worked with legendary Yale CIO David Swensen. Ellis served on the Board of Directors of Vanguard Group, and is an advisor to Wealthfront.
He is is the author of 16 books, including Winning the Loser’s Game (which we discuss extensively in the show), and a collection of investing writing, The Investor’s Anthology: Original Ideas from the Industry’s Greatest Minds. His most recent book is titled Falling Short: The Coming Retirement Crisis and What to Do About It.
Listen to the podcast at Bloomberg, on Apple iTunes or SoundCloud. All of our prior podcasts are now available on iTunes.
Next week, we speak with Bobby Flay, Chef, Restaurateur, cookbook author and star of of the Food Network.
Interesting thing about fields where you can never go against the pros, versus the field in which many financiers indulge – bridge- where you CAN go up against the best in the world, and occasionally even beat them. James Cayne and Ace Greenberg are both world class bridge players. Buffett and Gates get to play against the best in the world often.
maybe this is a bad lesson.