Book Review: Winning the Loser's Game: Timeless Strategies for Successful Investing

I don’t know much about investing. But I’m learning fast. Now that I’m a majority citizen, I’ve been setting up credit cards, high interest saving accounts, checking account, and a long-term investment account/portfolio. I’m not doing this because I obsess about money. I’m doing it because with a little financial savvy starting at age 18 I will have better life options when I’m 30.

Until Winning the Loser’s Game: Timeless Strategies for Successful Investing I had not read any books on the stock market, investing, saving, etc. I’m happy to say this was an excellent first book. It’s definitely geared to the individual investor who’s fairly green. I totally buy Ellis’ premise that investing smartly is your game to lose — the key is to mitigate risk, be rational, and think long-term.

Here are three pages of notes I took on the book so I remember all that I learned.

6 Responses to Book Review: Winning the Loser's Game: Timeless Strategies for Successful Investing

  1. Zoli Erdos says:

    Ben, if the early indications mean anything, you should be creating your wealth through more entrepreneurial avenues, the types of ventures not found in investment books :-)

  2. Hm.. credit cards are a very slippery slope. I only maintain one for business purposes. Avoid them as much as possible if you can.

  3. Hm.. credit cards are a very slippery slope. I only maintain one for business purposes. Avoid them as much as possible if you can.

  4. Ben Casnocha says:

    Nick — if you are disciplined to pay off credit cards, it’s no slipperly slope. Zoli — I agree! These kind of investments though require 0 work.

  5. Tim Taylor says:

    Check out http://www.prosper.com if you want a brand new slant on making moeny.

  6. Anonymous says:

    Long-term value small-cap index funds seem best, from the research I’ve conducted.

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