John Templeton (1912-2008) famously known as a value investor who bought $100 of every stock trading below $1 on the New York and American stock exchanges. Templeton’s trade got him a junk pile of some 104 companies, 34 of which were bankrupt, for a total investment of roughly $10,400. Four years later he sold these stocks for more than $40,000!
Among his famous quotes:
“If you want to have a better performance than the crowd, you must do things differently from the crowd.”
“When asked about living and working in the Bahamas during his management of the Templeton Group, Templeton replied, “I’ve found my results for investment clients were far better here than when I had my office in 30 Rockefeller Plaza. When you’re in Manhattan, it’s much more difficult to go opposite the crowd.”
More on him:
1. Trailblazing Investor Spotted Market Opportunities Where Others Weren’t Looking
2. The Greatest Investors: John Templeton
3. John Templeton 1912 - 2008
One Comment
Nice a’a…new fresh look…