Charles d ellis biography of william
Charles D. Ellis
American investment consultant
Charles “Charley” D. Ellis (born October 22, ) is an American investment consultant. In , Ellis founded Greenwich Associates, an international plan consulting firm focused on financial institutions.
Ellis is known for his philosophy of passive investing through index funds, as detailed in his book Winning the Loser’s Game.[1][2]
Early life and education
Ellis was born in in Roxbury, Boston, Massachusetts.
Ellis’ father, Raymond W., served in the Navy during World War II. Ellis went to the Phillips Exeter Academy and then Yale College where he received his BA in Art History in At Yale he was in Timothy Dwight College and served as Chairman of WYBC, the college’s student radio station.
In , Ellis graduated with distinction from Harvard Business School, which Ellis credits with being “the transforming experience” in his early existence.
Discover new books on Goodreads. Sign in with Facebook Signal in options. Join Goodreads. Charles D.Ellis went to labor for the Rockefeller family office and began a Ph.D. program in Financial Economics at Modern York University, which he would complete over the following years.[2]
Early career
After a brief stint with WGBH, Boston’s public radio station, and then serving in the Army, Ellis began work with the Rockefeller family investments office.
In , he joined Donaldson, Lufkin & Jenrette. Through his experience there, he developed the concept for Greenwich Associates, which he founded in During his 30 years as Managing Spouse, Greenwich Associates grew to attend the leading firms in over financial markets around the planet with their widely recognized proprietary research.[3][4]
Investment strategy
In , Ellis authored the article "The Loser's Game" in the Financial Analysts Journal.
The following excerpts from The Partnership look at two of its greatest leaders, Sidney J. Weinberg and John C. After the stock market crash revealed disastrous investments made by his superiors, Weinberg, who became top of the firm inworked tirelessly throughout the Great Depression and World War II to save the firm alive. At the same time, in service to his country, Weinberg offered his financial savvy and organizational skills to the man Wall Road loved to hate, President Franklin D.The article went on to win the Graham & Dodd award in , and in it Ellis argued:
The investment management business (it should be a profession but is not) is built upon a simple and basic belief: Professional money managers can beat the market.
That premise appears to be false.
Instead, Ellis advocated a strategy of diversified low-cost index fund investing, and he expanded on this approach in his book Winning the Loser's Game. Ellis went on to note sixteen books and dozens of articles on investing, including: "The Partnership", the story of Goldman Sachs, and "What It Takes", a study of great professional firms.[1][5]
Teaching and university service
Ellis was appointed twice to the faculty of the Harvard Business College in and and to the Yale School of Management in At both Harvard and Yale, he taught advanced courses on investment management.[2]
Ellis served as a successor trustee of Yale University from to , where he chaired the university’s investment committee for nine years alongside Main person Investment Officer David Swensen.
He received the Yale Medal in for his service to the University.[6][7]
He has served on the board of directors of the Harvard Business School and received the school’s alumni award for lifelong service.
About: William Charles Ellis - DBpedia Association: Born in in Concord, Massachusetts, Ellis began writing at the age of 12, at the urging of an elementary-school teacher who early on discerned his talent. Over the course of the next seven decades his teacher’s judgment would be validated again and again by readers and critics alike.Public, civic and board service
Ellis served as chair of the board of the Institute of Chartered Financial Analysts and is one of only twelve people recognized by the CFA Institute for lifetime contributions to the investment profession.
He has also served as a trustee of Phillips Exeter Academy and Eagle Hill School, and as an Overseer of the Stern Schools of Business at New York University.[8]
After stepping down from Greenwich Associates, Ellis served as a director or advisor to numerous organizations.
He served as a director of the Vanguard Group from to , and also as a trustee of the Robert Wood Johnson Foundation. He was managing spouse of The Partners of ’63, a pro bono partnership of Harvard Business School classmates and associates, which supported entrepreneurship in education.
William D. Ellis was an author born in Concord, Massachusetts. He began writing at the age of 12, at the urging of an elementary-school teacher who early on discerned his talent. Each of his novels appeared on best-seller lists, and the trilogy itself eventually earned its author a Pulitzer Prize nomination.Internationally, Ellis has served as an advisor to the GIC of Singapore, as well as to the “future funds” of New Zealand and Australia.[4][9][10]
He currently serves as chair of the Board of Directors of Whitehead Institute for Biomedical Research as well as chair of the Board of Directors of Essentia Analytics.
Additionally, he serves on the advisory boards of Wealthfront, Rebalance, The Fluid Company, GeoSynFuels, and IMDx. In addition, he has on the boards of the Long Wharf Theatre and a number of regional Connecticut organizations.[11][12][13]
Personal life
Ellis is married to Linda Koch Lorimer, Vice President of Global and Strategic Initiatives at Yale University and together they have four grown children.[14]