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Masters in Business

Charlie Ellis on the Rules of Investing

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 23 December 2022

⏱️ 66 minutes

🧾️ Download transcript

Summary

Bloomberg Radio host Barry Ritholtz speaks with investing legend Charlie Ellis, who is the founder and former managing partner of Greenwich Associates. In addition to advising institutional investors, foundations and government organizations in more than 130 markets, Ellis has taught courses at Yale and Harvard and has written several books, including “Winning the Loser’s Game: Timeless Strategies for Successful Investing,” which is now in its eighth edition.

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Transcript

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0:00.0

Little could be done for children with duchin muscular dystrophy until the gene responsible

0:09.2

for the disease was known.

0:11.1

Hear about the possibilities geneticists are now exploring on the latest episode of Targeting

0:15.8

the Toughest Diseases, a new podcast by Bloomberg Media Studios and Vertex Pharmaceuticals.

0:28.9

This is Master's in Business with Barry Redholz on Bloomberg Radio.

0:36.0

This week on the podcast, what can I say Charlie Alice is a legend in the world of finance,

0:42.6

whether it was at Greenwich Associates or as chair of the Yale Endowment or a board member

0:50.0

at Vanguard.

0:51.0

He has seen pretty much everything in the world of investing.

0:56.6

His career spans the entire modern era dating back to the Pol-Volker era and what took

1:05.0

place during the boom periods of the 80s and 90s and how technology has changed the world

1:12.2

of investing.

1:13.9

He's just one of these people who is so thoughtful and insightful about everything.

1:20.3

It's just always a pleasure to chat with him.

1:24.1

I found our discussion to be absolutely fascinating and I think you will also with no further

1:30.0

ado, my conversation with Greenwich Associates, Charlie Alice.

1:35.6

The last time we spoke, we really were talking about the retirement crisis and we spent

1:41.5

a little bit of time discussing Vanguard but this new book is so interesting and so filled

1:46.9

with details that only an insider can have.

1:51.1

Let's delve into it a little bit, tell us what first led you to Vanguard.

1:55.5

How did you get involved with them?

1:57.0

Well, it started a little time ago, 1966.

...

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