One of John Templeton’s favorite books was Extraordinary Popular Delusions and the Madness of Crowds, written in 1841. He remarks that Charles Mackay’s book can teach us “some important lessons that apply to investor behavior today.” In 1989, Templeton penned a new foreword for the book, applying its lessons to today’s investment world: Although he wrote [...]
Archive for May, 2009
Extraordinary Popular Delusions
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, Neuroeconomics, Recession, Stock Market, Stocks, Wall Street on May 26, 2009 | 1 Comment »
The Crash of 1987, Part 2
Posted in Business, Crisis, Economy, Investing, Markets, Money, Stock Market, Stocks, Wall Street on May 21, 2009 | Leave a Comment »
A few months ago, we posted the first two clips from John Templeton’s apperance on Wall Street Week after the 1987 stock market crash. Today we are posting two new parts of the interview. Again, we’re very thankful to our friends at Maryland Public Television for allowing us to repost excerpts here.
Link Roundup
Posted in Business, Crisis, Economy, Investing, Markets, Stock Market, Stocks, Wall Street on May 19, 2009 | 1 Comment »
In this week’s Link Roundup you’ll find equal numbers of bloggers looking back admiringly on John Templeton’s legacy and those using his wisdom as a model for assessing our present situation and future trends. We particularly liked the Shareswatch article because it asked the same question we ask ourselves around here every day: I wonder what he would say [...]
Templeton and the Numbers
Posted in Business, Finance, Investing, Markets, Money, Stock Market, Stocks, Wall Street on May 14, 2009 | Leave a Comment »
As mentioned on the Psy-Fi Blog earlier this week, one of the reasons John Templeton was so successful is because he looked at the numbers when making decisions about investments. Author William Proctor describes Templeton’s quantitative approach to investing in his 1982 book, The Templeton Touch: “When I began, no other security analyst I knew [...]
The Culture that Gave Rise to the Current Financial Crisis
Posted in Business, Crisis, Economy, Finance, Housing Market, Investing, Markets, Money, Recession, Stock Market, Stocks, Wall Street, tagged events, lecture, May 13 2009, Philadelphia on May 12, 2009 | Leave a Comment »
On Wednesday, May 13, 2009, the seventh annual John M. Templeton Jr. Lecture on Economic Liberties and the Constitution will discuss “The Culture that Gave Rise to the Current Financial Crisis.” This event is at 6:30 p.m. at the National Constitution Center in Philadelphia. John C. Bogle, founder of the Vanguard Group and Chairman Emeritus [...]
John Templeton’s 1982 Prediction
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Recession, Stock Market, Stocks, Wall Street on May 11, 2009 | Leave a Comment »
Lauren Templeton, coauthor of Investing the Templeton Way, principal of Lauren Templeton Capital Management, LLC, and great niece of John Templeton, shares an anecdote from 1982 when John Templeton saw optimism despite growing pessimism surrounding the economy: In 1982, Uncle John made an appearance on the popular investing television show hosted by Louis Rukeyser called Wall [...]
Optimistic Pessimism: A Wave of Sentiment?
Posted in Business, Crisis, Economy, Finance, Investing, Markets, Money, Recession, Stock Market, Stocks, Wall Street on May 5, 2009 | Leave a Comment »
Several blogs last week mentioned John Templeton in relation to the current state of the economy. As we mentioned in a post earlier in April, “Maximum Pessimism: Are We There Yet?,” there is discussion in the economic community about whether the economy has hit rock-bottom and, to use Templeton’s famous term, reached the point of “maximum [...]
