Description
Book SynopsisIn
Big Money Thinks Small, veteran fund manager Joel Tillinghast offers a set of simple but crucial steps to successful investing. 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.
Trade ReviewTillinghast provides a very useful checklist of the required due diligence of investments, the tenets of value investing, the need to more carefully understand the culture and rule of law of foreign countries before investing in them, and how to stay within your circle of competence. -- David Kass, University of Maryland
Table of ContentsForeword
Acknowledgments
Part I: Sleight of Mind1. It’s a Mad, Mad World
2. Silly Human Tricks (Decision Biases)
3. Gamblers, Speculators, and Investors
4. Mind Over Money
Part II: Blind Spots5. Need to Know?
6. It's the Simple Life for Me
7. Thinking Small
8. Bulls in the China Shop
Part III: Honest, Capable Fiduciaries9. Dare to Be Great! Or, Distinctive Character
10. Bang for the Buck
11. Do the Bad Guys Wear Black Hats?
12. Shipping Bricks and Other Accounting Riddles
Part IV: Live Long and Prosper13. Is the End Near?
14. Oil Gushers and Slicks
15. Tech Stocks and Science Fiction
16. How Much Debt Is Too Much?
Part V: What’s It Worth?17. Will the Lowest Be Raised Up?
18.
Which Earnings Number?
19. The Art of Judging Value
20. Double Bubble Trouble
21. Two Paradigms
Index