Introduction Big Money Thinks Small is an investment book. It is about succeeding in investing by avoiding mistakes. Author Joel Tillinghast is a Chartered Financial Analyst and fund manager at Fidelity Investments. He joined Fidelity since 1986 and was mentored by Peter Lynch, the legendary former manager of Magellan Fund. The author is the manager of Fidelity Low-Priced Stock Fund which regularly outperformed the S&P 500 Index over the last 25 years with only 4 down years and Fidelity Series Intrinsic Opportunities Fund. Content Big Money Thinks Small has a total of 21 chapters and a foreword by Peter Lynch. The chapters are organized into 5 parts. Part I is Sleight of Mind and contains 4 chapters. It discusses the role of biases in investing. Part II is Blind Spots which is made up of 4 chapters. It is about identifying our own circle of competence. Part III is Honest, Capable Fiduciaries and consists of 4 chapters. It is about assessing management’s honesty and capability. Part IV is Live Long and Prosper which has 4 chapters. It teaches the ways to identify durable and resilient businesses. Part V is What’s It Worth? and contains 5 chapters. This part is about…