{"product_id":"big-money-thinks-small-biases-blind-spots-and-smarter-investing","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","brand":"Joel Tillinghast","offers":[{"title":"Hardcover","offer_id":46348192874732,"sku":"9780231175708","price":29.95,"currency_code":"USD","in_stock":true},{"title":"Paperback","offer_id":46348192907500,"sku":"9780231175715","price":18.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0684\/1791\/3068\/files\/9780231175708.jpg?v=1744114978","url":"https:\/\/intl.allstora.com\/products\/big-money-thinks-small-biases-blind-spots-and-smarter-investing","provider":"Allstora","version":"1.0","type":"link"}