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The Index Revolution
Why Investors Should Join It Now
Book • 2016
In *The Index Revolution*, Charles Ellis argues that active investing is a loser's game in today's market, while passive investing offers higher returns at lower costs.
The book explains how structural changes in the market have made it nearly impossible for active managers to consistently outperform benchmarks.
Ellis provides insights into the evolution of the investment industry and emphasizes the advantages of indexing for individual investors.
The book explains how structural changes in the market have made it nearly impossible for active managers to consistently outperform benchmarks.
Ellis provides insights into the evolution of the investment industry and emphasizes the advantages of indexing for individual investors.