In my 45-year career as an investment counselor, humility did show me the need for worldwide diversification to reduce risk. That career did help me to become more and more humble because statistics showed that when I advised a client to buy one stock to replace another, about one-third of the time the client would have done better to ignore my advice. In other endeavors, humility about how little I know has encouraged me to listen more carefully and more wisely.
John TempletonWould it not be strange if a universe without purpose accidentally created humans who are so obsessed with purpose?
John TempletonA lot of people talk about life. Some love it. Some disparage it. And a few realize that life can be what you make it because they have learned from past experiences. Lessons learned from these experiences have often contributed greatly toward seeing the possibilities in what some people call "the game of life." When we've "been there" and "done that," we can have as good of an idea of what we don't want as what we do want. Experience is certainly an excellent teacher!
John TempletonBull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
John Templeton