YouSaid · the spoken record

Charles Ellis

lines on the record
59
first
2025-02-21
most recent
2025-02-21
sittings or episodes
1
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podcast

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  1. “It was a little nervy, I have to grudge you. There are a couple of different parts. One is that I knew from my own personal experience I had no ability to get my clients to tell me what I was doing right or wrong. They'd always say, oh, you're doing fine. Just keep it up. You're doing fine. No idea what my competition was doing. You know, if we could give factual information on exactly how well each firm is doing and how every one of their competitors are doing, we could interpret that in ways that clients would find really useful and then we could advise them on specific recommendations based on the facts. Really undeniable facts based on 300, 500, 600 interviews with people who made the decisions. And it worked.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Well, I was there for two and a half years Then I went to Wall Street with Donaldson Luffin and Jen Rett for six. And then I started Greenwich Associates.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “You the plain vanilla facts of what's happened the last five years and of standardized format with no analytical or insight available. Now everything about research is a future and it's full of factual information and careful interpretation. It's really different.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Research exposure happened in the seventies than into the eighties, but the Documents that you were looking at or thinking about were all looking backwards.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Sure have it's hard to remember, but I do because I was new and fresh and submitted impression. Trading volume was 3 million shares in New York Stock Exchange listed. Now it's six, seven, eight billion. That's a huge change.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Oh, it was just an academic curiosity. Nobody in his right mind thought it had a chance of being proven. But, you know, if you go back to those days, if we came back to it, we would all of us agree with the people who said, no, it's not going to happen. Transformation of the whole investment management world. Information availability, legislation, who's participating, what's the trading volume, what kind of information is available, how fast can you get it? Wow, every one of those dimensions has changed and changed and changed. The world is completely different today.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “Well, they invested the family's fortune at that time, relative to other family fortunes, it was the large major, so on and so on. They were also, because they'd been generous philanthropically for years, managing several charitable organizations' endowments. So the combination made us a consequential investment client for Wall Street, as Wall Street was just coming into. Doing serious research on individual companies and industries. So it was takeoff time for what became institutional investing.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Facility. And at the end of half an hour, I realized it isn't the foundation that he's talking about. He's talking about something else. And I got to figure out what that is. At the end of the second half an hour, I knew he was talking about investing where there were no courses at that time at the Harvard Business School on investment management.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Get that first job? How did you? Friend of mine at business school said, Have you got a job yet? I said, no, not yet. Got a couple of things that I'm working towards. He said, well, I've got a friend. And I thought he meant the Rockefeller Foundation. Actually, he meant the Rockefeller family in their investment office. Very, very bright guy came up from New York to Cambridge, Massachusetts, climbed to the third floor of my apartment building, and we did an interview in what I would have to describe as shabby graduate student.”

    2025-02-21 · Masters in Business · Rethinking Investing with Greenwich Associates' Charles Ellis · IDENTIFIED FROM THE TRANSCRIPT · source