John Templeton – As an investor, he always had confidence that his picks would improve over long term!
Learn about his trade market strategies and the way he was thinking, in that way you will be able to get more open minded and also get inspired of one of the greatest traders in the world.
John Templeton lived in between November 1912 and July 2008.
Templeton was an American-born British investor, Banker, fund manager, and philanthropist. He was high educated from Balliol College, University of oxford and Yale University. During his life he got awards like Rhodes Scholarship and Knight Bachelor.
His vision in life was big economical results and accomplishment already as a child, the power of respecting learning, believe in a spiritual life and a higher purpose than just profit was three big centre directions in his success.
“How little we know, how eager to learn,” it’s a important meaning in his philosophy when it comes to both financial market and his methods of philanthropy.
1938 Templeton started his Wall Street career and turned out to create some of the world’s largest and most successful international investment funds. He went for a whole new strategy by buying really cheap trades and sold them really expensive. He took a big risk when the European ware began 1939. He bought 100 shares with borrowed money (really sheep one, 34 of this companies were bankrupt) but only 4 turned out bad. The rest brought him a large profit.
1954 Templeton established the Templeton Growth Fund and then of course as well entered the mutual fund industry. When he sold this found in 1992 he got called “arguably the greatest global stock picker of the century.” With dividends reinvested, each $10,000 invested in the Templeton Growth Fund Class, so this start makes a growth to 2 million dollar.
A summary of Templeton’s success in the financial market:
Always try to find the gaps and look for a long-time resolution and results. Have patient and keep the god mood on going.
– His success was grounded in a good mood, avoid anxiety and be disciplined.
– Do not over consume and keep your personality real.
– Don’t overuse your profits and stay humble, be honest to yourself
– Buy the stock when the market is sensitive, its more possibility for a bigger growth.
– Analyse as much as possible
– Try to read the future in the trading market and whats going on in the world, connect the parts.
A John templeton list!
To keep you on the right track as a trader:
1. Invest for maximum Total Real Return
2. Invest – Don’t Trade or Speculate
“What always impresses me,” he wrote, “is how much better the relaxed, long-term owners of stock do with their portfolios than the traders do with their switching of inventory. The relaxed investor is usually better informed and more understanding of essential values; he is more patient and less emotional; he pays smaller capital gains taxes; he does not incur unnecessary brokerage commissions; and he avoids behaving like Cassius by ‘thinking too much.”
3. Remain Flexible and Open-minded about Types of Investment
Choose your investments with research that is careful buy tudying and doing analysis.
4. Buy Low sell big (easer to say then actually do it)
5. Buy Value. Go after the value after a individual stock, do not listen to much on trends etc. Think out of the box!
6. Diversify – you can never predict the future. Try to eliminate your risk and dig in to the industry and also have country in mind.
7. Read and study, then also get a mentor that you look up to and trust.
8. Monitor your ivestment strategi regularly and make the required changes.
9. Never Panic- when you get panik ypur are not thinking reasonable
10. Learn from your mistakes – its ok to do mistakes but leanr from them
11. “An investor who has all the answers doesn’t even understand all the questions” – There is always new answear and question don’t be afraid of that.
12. There’s no Free Lunch
You may want to invest based on a free TIP you received. But do you ask why did the person with the tip passed it on to you? Why did he not use it all for himself?
Are you getting free advice? Why is it free? Think. Ask.
13. Up and downs will come but do not be fearful and negative too often. Its och to be Be cautious, but not fearful.
As the great trader he became he is a good role model and inspirations source for all traders out there, even if you have a lot or none experience at all in the trading market Templeton’s strategies will give you a new way to open up your mind. Here is a list of publications if you are interested in digging deeper.
- Riches for the Mind and Spirit: John Marks Templeton’s Treasury of Words to Help, Inspire, and Live By, 2006.
• Golden Nuggets from Sir John Templeton, 1997.
• Discovering the Laws of Life, 1994.
• Is God the Only Reality? Science Points to a Deeper Meaning of the Universe, 1994.
• Templeton Plan: 21 Steps to Personal Success and Real Happiness, 1992.
• The humble approach: Scientists discover God, 1981.
• Worldwide Laws of Life: 200 Eternal Spiritual Principles, 1998.
• Investing the Templeton Way: The Market Beating Strategies of Value Investing’s Legendary Bargain Hunter, 2007.
• Buying at the Point of Maximum Pessimism: Six Value Investing Trends from China to Oil to Agriculture, 2010.