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Synopsis

Sir Johns philosophy of investing, which is built around the  presumption that investors must have the courage and patience to  ride out economic and market cycles, remains highly relevant today.  In the aftermath of two of the most savage bear markets in living  memory, which twice within a decade have seen stock markets around  the world fall, peak to trough, by 50%, many investors remain  shell-shocked and disillusioned by their losses. Had they followed  a disciplined Templeton approach, we can show that they would not  have fared anything like as badly as many did. Nor, certainly,  would they have become so disheartened.   John Templeton, a perennial optimist produced his best  investment returns during and immediately after bear markets,  underlining that success in investment is just as much about  avoiding losses and preserving what you have gained, as it is about  picking winners. The authors believe it is important for investors  today to appreciate that the events of the past ten years,  including the great global financial crisis of 2008-09, reinforce  the importance of some fundamental truths about investment. One is  that there are always opportunities to make money, even when   no, particularly when ?] the outlook appears particularly  gloomy.

Durée: environ 9 heures (09:03:45)
Date de publication: 20/07/2020; Unabridged; Copyright Year: 2020. Copyright Statment: —

• Business et Économie