If you want to have a better performance than the crowd, you must do things differently from the crowd.... When people are desperately trying to sell, help them and buy. When people are enthusiastically trying to buy, help them and sell.
-- John Templeton
I grew up watching Louis Rukeyser on Wall Street Week. I wasn't a religious watcher of the show, but I always tried to catch episodes with greats like John Templeton and Peter Lynch. Occasionally, I like watch an old episode just to amuse myself, give me some long-term market perspective during rough stretches, and pick up a little bit of investment wisdom. I miss Rukeyser's sly wit, and the intelligence and common sense of Sir John.
No comments:
Post a Comment