In my previous column, I related that Sir John’s predictions had evolved from one of great optimism during the pessimistic years around 1990, when the Dow Jones Industrial Average was around the 2500 level, to periods of pessimism around 2000 and 2007 when the Dow was around the 14,000 level. Yet I also intimated that [...]
Archive for February, 2009
Gary Moore on What John Templeton Might Say (Part 2)
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, Recession, Stock Market, Stocks, Wall Street on February 26, 2009 | Leave a Comment »
Gary Moore on What John Templeton Might Say (Part 1)
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, Recession, Stock Market, Stocks, Wall Street on February 24, 2009 | Leave a Comment »
The period from the collapse of the Berlin Wall in 1989 to our credit crisis of 2009 has been one of watching Sir John’s evolving predictions—from anticipating “the twenty most prosperous years in history” to “financial chaos,” as he predicted in 2005—come true. Clearly, he was a prophet among us. Unfortunately, as the Bible relates [...]
What Would John Templeton Say?
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, News, Quotes, Recession, Stocks, Wall Street on February 18, 2009 | Leave a Comment »
In July 2008, John Marks Templeton, picked by Money magazine in 1999 as the “twentieth century’s greatest stock picker” died of pneumonia at the age of 95. However, he left a legacy in the investment world that will not soon be forgotten. As the United States and world face a shrinking economy, there is a great need [...]
Predicting Financial Chaos
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, Recession, Stock Market, Stocks, Wall Street on February 18, 2009 | 1 Comment »
In 2005, John Templeton wrote this memo to be shared with as many people as possible. In the wake of the current economic storm, those close to him have been circulating and commenting about this memo, which predicts a financial crisis as well as offers other predictions related to higher education and technology. Financial Chaos–probably in many nations in [...]
What Would John Templeton Say about Nationalizing Our Banks?
Posted in Business, Markets, News, tagged Adam Smith, bailout, Banks, John Templeton, laissez-faire, Lauren Templeton, nationalize on February 17, 2009 | Leave a Comment »
“Will United States be forced to nationalize banks?” reads a recent Reuters headline. As fears about the well-being of the banking industry continue to mount, some analysts are predicting that the government may have to assume managerial control of some of the country’s major financial institutions. For insight about what the late John Templeton might have said [...]
The Crash of 1987
Posted in Business, Crisis, Economy, Investing, Markets, Money, Stock Market, Stocks, Wall Street on February 9, 2009 | 1 Comment »
In October of 1987, the stock market took a tumble that left investors shell-shocked. In the wake of that meltdown, John Templeton appeared on a panel of experts on the television show Wall Street Week to share his insights on recent events. There are valuable lessons to be gleaned from this footage, so we’re very thankful to [...]
