Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing
SKU: 70179680420

Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing

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Big Money Thinks Small: Biases, Blind Spots, and Smarter InvestingInvestors 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 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?

In Big Money Thinks Small, 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:
- Know yourself, how you arrive at decisions, and how you might be susceptible to self-deception.
- Make decisions based on your own expertise, and do not invest in what you don't understand.
- Select only trustworthy and capable colleagues and collaborators.
- Learn how to identify and avoid investments with inherent flaws.
- Always search for bargains, and never forget that the first responsibility of an investor is to identify mispriced stocks.

Patience 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.

Binding Type: Hardcover
Publisher: Columbia Business School Publishing
Published: 08/15/2017
ISBN: 9780231175708
Pages: 312
Weight: 1.25lbs
Size: 9.10h x 6.20w x 1.10d

Review Citations: Publishers Weekly 05/29/2017
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SKU: 70179680420

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This is a very good quality set. The plastic is sturdy and the colors are nice. The soap dispenser has a good capacity and shouldn't need refilling very often. The wastebasket is smaller than the one I was using which was rated as a 4 gallon size. I would say this one is about half that. The toilet brush was in 3 parts and was easy to screw together. Since I don't use bar soap, I popped out the drain insert from the soap dish and used the base to put the dispenser in. That will keep it from dripping soap on my counter. All in all, good value for money and I will buy a second set.
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