There is a distinction between failing and being a failure. Few things are learned in life without failing at least once. Did you learn to roller skate without falling a few times? Did you learn to ride a bike without losing your balance? Chances are you didn't. You may have wanted to do those things so intensely that you quickly put unsuccessful attempts behind you and kept trying. Soon you acquired the skill to do the thing you wanted. Even though in the process of learning you may have failed many times, you were not a failure. "Failing" simply became an open door to try again.
John TempletonIt is impossible to produce superior performance unless you do something very different.
John TempletonThe objective of our religious foundations is to teach people that they are hurting themselves when they say they believe something. What we should realize is we know almost nothing about God and therefore we should be eager to search and to learn.
John TempletonOutperforming the majority of investors requires doing what they are not doing. Buying when others have despaired, and selling when they are full of hope, takes fortitude.
John TempletonIn 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 Templeton