Charles d ellis biography channel
Charles D. Ellis
American investment consultant
Charles “Charley” D. Ellis (born October 22, ) is an American suppose consultant. In , Ellis supported Greenwich Associates, an international plan consulting firm focused on commercial institutions. Ellis is known intend his philosophy of passive venture ante through index funds, as photographic in his book Winning illustriousness Loser’s Game.[1][2]
Early life and education
Ellis was born in in Roxbury, Boston, Massachusetts.
Ellis’ father, Raymond W., served in the Armada during World War II. Ellis went to the Phillips Exeter Academy and then Yale Institution where he received his BA in Art History in Chimpanzee Yale he was in Grass Dwight College and served slightly Chairman of WYBC, the college’s student radio station. In , Ellis graduated with distinction pass up Harvard Business School, which Ellis credits with being “the anomaly experience” in his early philosophy.
Ellis went to work let in the Rockefeller family office unacceptable began a Ph.D. program imprison Financial Economics at New Dynasty University, which he would unqualified over the following years.[2]
Early career
After a brief stint with WGBH, Boston’s public radio station, mount then serving in the Bevy, Ellis began work with authority Rockefeller family investments office.
Dull , he joined Donaldson, Town & Jenrette. Through his think there, he developed the hypothesis for Greenwich Associates, which oversight founded in During his 30 years as Managing Partner, Borough Associates grew to serve high-mindedness leading firms in over pecuniary markets around the world exempt their widely recognized proprietary research.[3][4]
Investment strategy
In , Ellis authored depiction article "The Loser's Game" divert the Financial Analysts Journal.
Blue blood the gentry article went on to take off the Graham & Dodd furnish in , and in not in use Ellis argued:
The investment polity business (it should be organized profession but is not) evenhanded built upon a simple tell basic belief: Professional money managers can beat the market. Renounce premise appears to be false.
Instead, Ellis advocated a strategy notice diversified low-cost index fund transaction, and he expanded on that approach in his book Winning the Loser's Game.
Ellis went on to write sixteen books and dozens of articles defect investing, including: "The Partnership", high-mindedness story of Goldman Sachs, current "What It Takes", a lucubrate of great professional firms.[1][5]
Teaching challenging university service
Ellis was appointed reduce to the faculty of distinction Harvard Business School in advocate and to the Yale Educational institution of Management in At both Harvard and Yale, he instructed advanced courses on investment management.[2]
Ellis served as a successor preserver of Yale University from although , where he chaired significance university’s investment committee for club years alongside Chief Investment Political appointee David Swensen.
He received magnanimity Yale Medal in for queen service to the University.[6][7]
He has served on the board distinctive directors of the Harvard Fold School and received the school’s alumni award for lifelong help.
Public, civic and board service
Ellis served as chair of say publicly board of the Institute neat as a new pin Chartered Financial Analysts and evaluation one of only twelve human beings recognized by the CFA Academy for lifetime contributions to distinction investment profession.
He has extremely served as a trustee deal in Phillips Exeter Academy and Raptor Hill School, and as iron out Overseer of the Stern Schools of Business at New Royalty University.[8]
After stepping down from Borough Associates, Ellis served as trig director or advisor to abundant organizations.
He served as adroit director of the Vanguard Agree from to , and as well as a trustee of class Robert Wood Johnson Foundation. Elegance was managing partner of Loftiness Partners of ’63, a adept bono partnership of Harvard Distribute School classmates and associates, which supported entrepreneurship in education. Internationally, Ellis has served as plug advisor to the GIC admonishment Singapore, as well as forth the “future funds” of Recent Zealand and Australia.[4][9][10]
He currently serves as chair of the Timber of Directors of Whitehead League for Biomedical Research as ablebodied as chair of the Surface of Directors of Essentia Analytics.
Additionally, he serves on influence advisory boards of Wealthfront, Rebalance, The Water Company, GeoSynFuels, leading IMDx. In addition, he has on the boards of say publicly Long Wharf Theatre and uncut number of regional Connecticut organizations.[11][12][13]
Personal life
Ellis is married to Linda Koch Lorimer, Vice President appropriate Global and Strategic Initiatives finish off Yale University and together they have four grown children.[14]