BigMoneyThinksSmall

Investors are often enticed by misleading or incomplete information, which can lead to both profitable and devastating outcomes. Even experienced investors can be caught off guard by unforeseen events, crowd mentality, or unprepared CEOs. In the volatile world of investing, how can one stay focused and avoid risky situations? In his book "Big Money Thinks Small," veteran fund manager Joel Tillinghast offers a set of simple but crucial steps for successful investing. These steps include knowing oneself, making decisions based on personal expertise, only investing in what is understood, selecting trustworthy collaborators, identifying and avoiding investments with inherent flaws, and always seeking bargains. Tillinghast emphasizes the importance of patient and methodical planning, rather than flashy investments, and teaches readers to learn from their mistakes and think objectively about portfolio management. By following these guidelines, investors can avoid making common mistakes and improve their overall success in the profession.

作者简介

JoelTillinghastisaCharteredFinancialAnalyst(CFA)charterholderandthirty-six-yearveteranoftheinvestmentsindustry.HehasbeenthemanageroftheFidelity®Low-PricedStockFundsince1989.