Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing (Columbia Business School Publishing)

Investors face daily exposure to misleading or incomplete information that can lead to costly mistakes. Even experienced investors can be caught off guard by sudden news events, crowd behavior affecting markets, or unprepared corporate leadership. Patience and methodical planning tend to produce better results than flashy investment strategies. Veteran fund manager Joel Tillinghast outlines practical steps to avoid common investing errors. His approach includes understanding your own decision-making processes and susceptibility to self-deception, investing only in areas where you have genuine expertise, selecting trustworthy and capable collaborators, identifying investments with inherent flaws to avoid them, and searching for undervalued stocks. The book is written for investors at all levels and was named one of Money Week's Five Best Books of the Year.