Investing The Templeton Way

About the book and its Contents

Sir John Templeton (he was knighted), was one of the most successful and charitable billionaires, until he passed away in 2008. He founded the now famous Templeton Funds and pioneered mutual funds that were globally diversified.


In this book, he shares some practical advice on fundamental investing and adopts a contrarian view. In other words, he does not go with the crowd. One of his most famous quotes are: 'Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.'

Review

This book contains chapters about the legendary bargain hunter's investments in the past that have made him successful as well as provides lessons that apply even today. He also provides some guidelines as to when he considers it a good time to buy and to sell.

Difficulty Level = 3/5

This book is not about technical stuff. However, to appreciate the work, you should know at least a bit about the stock market. 

Personal Rating = 5/5

This is probably the only resource book that is available about the legendary bargain hunter, Sir John Templeton. Readers will certainly benefit a lot from his experience and knowledge.


Personal finance tip for today:

Although it may sound like cliche, don't put all your eggs in one basket. Since no one can predict the future direction of any type of investment accurately and consistently,  it would indeed be wise to place your money in investments that do not have a positive correlation.