An indispensable collection of essays from one of the investment world's leading lights

In Figuring It Out: Answers to the Most Difficult Investment Questions, world-renowned investing and finance guru Charles D. Ellis delivers a robust collection of incisive essays on an array of perennial and contemporary investing issues, from the rise and fall of performance investing to a compilation of essential investing guidelines.

In the book, you'll also find eye-opening discussions of:

• Whether bonds are an appropriate investment vehicle for long-term investors
• The costs of excessive liquidity in the typical portfolio
• The characteristics of successful investment firms, and how to spot them

A can't-miss resource for the everyday retail investor, author Charles Ellis draws on a lifetime of distinguished client service in the financial markets to reward readers with common-sense and accessible advice that deserves to be followed by anyone with an interest in maximizing their investment returns over the long haul.

PRAISE FOR FIGURING IT OUT

"It might seem odd to describe the courtly and charming Charley Ellis as a revolutionary, and yet he is. As you'll discover in this brilliant collection of essays, not only did he recognize far earlier than most that investing is a loser's game, but he also set out to take that next important step-figuring out what investors can do to improve their odds of financial success. Want a more comfortable financial future? You'll find crucial answers in Charley's lifetime of wise words."

-JONATHAN CLEMENTS, editor of HumbleDollar.com and former personal finance columnist for The Wall Street Journal

"Charley Ellis has had a front row seat to the evolution of the investment management industry for over a half century. In working alongside the greats, Charley has 'figured out' that winning in investment management is really, really hard. This compilation of some of his finest work over the years offers anecdotes and data supporting his deepest held beliefs: focus on goals, get the big picture right, and let the power of indexing take care of the rest."

-TED SEIDES, CFA, Founder, Capital Allocators, LLC

"The financial markets have changed dramatically over the past half century, yet our beliefs about what it takes to be a successful investor have not. Financial sage Charley Ellis has spent 60 years Figuring it Out while working with and teaching the best investors in the business. You too can become a better investor with this wonderful collection of brilliant, groundbreaking, and invaluable insights from one of the great financial minds of our era."

-CONSUELO MACK, Anchor and Executive Producer, Consuelo Mack WealthTrack