Winning by Not Losing

[tede02]

An excellent read and philosophy that would have saved me a lot of pain in the past...

 

http://www.fpafunds.com/docs/special-commentaries/two-decades-of-winning-by-not-losing_may-201791EDCCEAD617.pdf?sfvrsn=2

 

 

[abyli]

An excellent read and philosophy that would have saved me a lot of pain in the past...

 

http://www.fpafunds.com/docs/special-commentaries/two-decades-of-winning-by-not-losing_may-201791EDCCEAD617.pdf?sfvrsn=2

 

I do not get it. He owns Google and Baidu and he obviously gets FANG wrong. (A is not Apple, but Amazon)

[scorpioncapital]

Many investors have the right philosophy, but there is a gap between execution and philosophy, theory and practice. The bridge is sometimes experience, sometimes temperament. More times than they would admit , they don't actually understand the theory in deep detail. Also, sometimes you just can't find anything great.

 

[boilermaker75]

As Charles Ellis has pointed out successful investing is like what it takes to win at tennis

 

https://www.amazon.com/Winning-Losers-Game-Seventh-Strategies-ebook/dp/B01MU2E34Z/ref=sr_1_1?ie=UTF8&qid=1497005521&sr=8-1&keywords=winning+the+losers+game

 

I read this around 2000, but my recollection is that it was good.

[KCLarkin]

As Charles Ellis has pointed out successful investing is like what it takes to win at tennis

 

https://www.amazon.com/Winning-Losers-Game-Seventh-Strategies-ebook/dp/B01MU2E34Z/ref=sr_1_1?ie=UTF8&qid=1497005521&sr=8-1&keywords=winning+the+losers+game

 

I read this around 2000, but my recollection is that it was good.

 

Before it was a book, it was an article:

http://www.cfapubs.org/doi/pdf/10.2469/faj.v51.n1.1865