
Charles D. Ellis Interview (Replay):Masters in Business (Audio)
Masters in Business
00:00
The Loser's Game About Investing
People lose by making unforced errors and other such foibles as opposed to winning by scoring points. As an investor, how do you aim in the right direction? What does that exactly mean? Well, I can't give you a straight answer, except in general, it's because of each of us is unique. But start with how much money do you have? Are you saving money or spending money? How many years do you have before you need to cover your retirement?" "I'm actually investing for my grandchildren," he says.
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