Sir John Templeton was a British American investor and mutual fund expert. He is the Templeton in Franklin Templeton company. His words of wisdom can help one to succeed in stock market investing .
- “Suppose you went to your priest and asked for help; he would refer you to the Bible. But if you went the next day to your medical doctor and he referred you to the book of Hippocrates, which was written at about the same time as the Bible, you would think that was old-fashioned.”
- “The other boys at Yale came from wealthy families, and none of them were investing outside the United States, and I thought, ‘That is very egotistical. Why be so shortsighted or near-sighted as to focus only on America? Shouldn’t you be more open-minded?’”
- “If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers. But the remaining big winners will go up and produce fabulous results and also ensure a good overall result.”
- “Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”
- “Diversify your investments.”