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'tmiss 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 commonsense and accessible advice that deserves to be followed by anyone with an interest in maximizing their investment returns over the long haul.

CHARLES D. ELLIS is one of the leading contributors to the investment profession. He has chaired the CFA Institute, served as a Director of Vanguard and on over a dozen investment committees, including many years on the Yale Investment Committee. He has taught advanced investment courses at both Harvard Business School and Yale School of Management. This is his 19th book.