The late great Sir John Templeton, who was a pioneer in global investing and the manager of the Templeton Growth fund from 1954 to 1992 once said "It is impossible to produce a superior performance unless you do something different from the majority.” Templeton was a contrarian. His contrarian investment strategy led to one of the most impressive performance records in mutual fund history. A $10,000 investment in the Templeton Growth Fund in 1954 would have turned into $3 million at Templeton’s retirement in 1992. How can you best invest like a contrarian? Here is a good place to … [Read more...]
Archives for September 2014
How the Rich Invest
No one likes to lose money. But some are better at keeping what they make than others. A great example is a client I've been working with since the late 90s. We have been through some tough markets together. A large part of her success is knowing what it might feel like to lose her hard earned money. We talked about our Arithmetic of Portfolio Losses chart when a family member recently suggested she get more aggressive and add more to stocks. The arithmetic of losses is pretty clear. Print this out and keep a copy nearby. It might come in handy if you're ever at a loss for words. … [Read more...]