{"product_id":"big-money-thinks-small-biases-blind-spots-and-smarter-investing-9780231175708","title":"Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing","description":"\u003cp\u003eInvestors are tempted daily by misleading or incomplete information. They may make a lucky bet, realize a sizable profit, and find themselves full of confidence. Their next high-stakes gamble might backfire, not only hitting them in the balance sheet but also taking a mental and emotional toll. Even veteran investors can be caught off guard: a news item may suddenly cause havoc for an industry they've invested in; crowd mentality among fellow investors may skew the market; a CEO may turn out to be unprepared to effectively guide a company. How can one stay focused in such a volatile profession? If you can't trust your past successes to plan and predict, how can you avoid risky situations in the future?\u003c\/p\u003e\u003cp\u003eIn \u003cem\u003eBig Money Thinks Small\u003c\/em\u003e, veteran fund manager Joel Tillinghast shows investors how to avoid making these mistakes. He offers a set of simple but crucial steps to successful investing, including: \u003cbr\u003e - Know yourself, how you arrive at decisions, and how you might be susceptible to self-deception.\u003cbr\u003e - Make decisions based on your own expertise, and do not invest in what you don't understand.\u003cbr\u003e - Select only trustworthy and capable colleagues and collaborators.\u003cbr\u003e - Learn how to identify and avoid investments with inherent flaws.\u003cbr\u003e - Always search for bargains, and never forget that the first responsibility of an investor is to identify mispriced stocks.\u003c\/p\u003e\u003cp\u003ePatience and methodical planning will pay far greater dividends than flashy investments. Tillinghast teaches readers how to learn from their mistakes--and his own, giving investors the tools to ask the right questions in any situation and to think objectively and generatively about portfolio management.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003eJoel Tillinghast is a Chartered Financial Analyst (CFA) charterholder and thirty-six-year veteran of the investments industry. He has been the manager of the Fidelity(R) Low-Priced Stock Fund since 1989.\u003cbr\u003e","brand":"Columbia Business School Publishing","offers":[{"title":"Default Title","offer_id":50692627464466,"sku":"9780231175708","price":21.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_7738d6ff-be89-495e-9628-bb4e440b9d9e.jpg?v=1734130041","url":"https:\/\/surprise-castle.myshopify.com\/products\/big-money-thinks-small-biases-blind-spots-and-smarter-investing-9780231175708","provider":"Surprise Castle","version":"1.0","type":"link"}