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  • Entrepreneurs

    Amazing words of wisdom from Sir John Templeton ... an enduring blueprint for all investors ...?

    I've been a fan of American Philanthropist and entrepreneur, Sir John Templeton for a while now. 



    When he died aged 95 in 2008 we lost one of our greatest financial visionaries.

    Here are some of his enduring quotes:

    “Bull markets are born on pessimism, grown on scepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”

    “An investor who has all the answers doesn’t even understand the questions.”"The four most dangerous words in investing are "This time it's different"."“Diversify. In stocks and bonds, as in much else, there is safety in numbers.”

    “…success is a process of continually seeking answers to new questions.”

    “People are always asking me where is the outlook good, but that’s the wrong question…. The right question is: Where is the outlook the most miserable?”

    “Focus on value because most investors focus on outlooks and trends.”

    “Sell when you find a much better bargain to replace what you are selling.”

    "Usually God favors the people who try to do good. So, when you find that the crowd is desperately trying to sell, help them and buy. When you find that the crowd is overenthusiastically trying to buy, help them and sell. It usually works out".

    In his last memorandum on the markets and the economy, which he wrote shortly before his death, he warned of dire economic “chaos” — which he predicted would last many years. 

    His memo was titled "Financial Chaos" and warned of the housing and debt bubble.

    Read more on Newsmax.com: Sir John Templeton’s Last Testament: Financial Chaos Will Last Many Years

    Can you relate any of these words of wisdom to what is happening in property investing today?

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    This quote,

    “…success is a process of continually seeking answers to new questions.”

    Gives me alot of hope, as its all i seem to do at the moment, theres stil so much for me to learn.

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    I am glad you found the post helpful Louis.  Yes, keep asking questions! 

    Keep an open mind.  Keep taking steps to move yourself forwards.

    Remember that knowledge can never be taken away from you.  It is yours for the rest of your life, no matter what happens.

    You are investing in yourself and that will have a very definite and very positive ROI, just as if you invested in property. Smile

    With the advent of the web, you can be exposed to more information than ever before in the history of mankind, most of it free.  You are in a unique position to take advantage of this, so run with it!

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