John Templeton was an investor, banker, and mutual fund manager who created the Templeton Growth Fund. He was named "arguably the greatest global stock picker of the century" by the magazine Money.
He was the pioneer of using globally diversified mutual funds. In 2005, he predicted a financial chaos within five years. During 2007 - 2008, there was a global financial crisis which is considered by economists as the worst financial crisis since the Great Depression of the 1930s.
His quotes will guide the investors and traders in making sound investing and financial decisions. Investors and traders can learn investing principles of from his quotes.
1. You must be a fundamentalist to be really successful in the market.
2. Do your homework or hire wise experts to help you. Never jump into a business you have no idea about.
3. For all long-term investors, there is only one objective-maximum total real return after taxes.
4. Outperforming the majority of investors requires doing what they are not doing. Buying when others have despaired, and selling when they are full of hope, takes fortitude.
5. Invest at the point of maximum pessimism.
6. Focus on value because most investors focus on outlooks and trends.
7. For those properly prepared, the bear market is not only a calamity but an opportunity.
8. Those who spend too much will eventually be owned by those who are thrifty.
9. Sell a stock only when you have found a new stock that is a 50% better bargain than the one that you hold.
10. Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
