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 TempletonIf you are curious as to what your future may hold, you can look into a mirror. What is reflecting back? Does a sparkle in your eyes indicate excitement about new adventures and opportunities? Does a smile on your lips portray an inner happiness and abundant goodwill towards others?
John TempletonThe government of India regulates nearly everything, so there's very little progress; whereas in Hong Kong the government keeps its hands off... and the standard of living has multiplied.
John TempletonI never ask if the market is going to go up or down because I don't know, and besides it doesn't matter. I search nation after nation for stocks, asking: 'Where is the one that is lowest-priced in relation to what I believe it's worth?' Forty years of experience have taught me you can make money without ever knowing which way the market is going.
John Templeton