Introduction: The Q Culture

Part I. A Tale of Two Markets
Chapter 1. Mr. Market's Bipolar Disorder
Swings, Bubbles, and Crashes
Be an Anomaly
Barrel of Monkeys?

Chapter 2. Prozac Market
Obscurity
Simplicity
The Perfect Dream
Tidying Up the Tale

Chapter 3. Chaotic Market
New Wave
Next Wave
Complexity
Behavioral Finance

Chapter 4. Amplified Volatility
Information Volatility
Transaction Volatility
Trader Volatility
Prognosis

Chapter 5. Take the Fifth
Who's in Charge?
Sticking to Your Knitting
Alchemy
The Long Run

Part II. Show Me the Money
Chapter 6. Apple Trees and Experience
Fools and Wisdom
Horse Sense

Chapter 7. Your Circle of Competence
The Initial Circle
The Nurtured Circle
A Full Circle
Decision Making

Chapter 8. Recognizing Success
Business Fuel
Managers under the Microscope
Bang for the Buck
The Full Tool Chest

Chapter 9. You Make the Call
Assets
Earnings
Silver Bullets and the Margin of Safety
Cash
Market Circularity

Chapter 10. Making (Up) Numbers
Perennials
Satire
Charades
Coda

Part III. In Managers We Trust
Chapter 11. Going Global
The Two-World Story
Illusions of Duty
One World to Come

Chapter 12. Rules and Trust
The Family Manager
Local Governance
General Governance
Your Voice at the Table

Chapter 13. Directors at Work
Hail to the Chief
Pay
Deals
Capital
Checking Up

Chapter 14. The Fireside CEO
Master Servants
Action
Lights
Trust

Conclusion: The V Culture