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 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 TempletonAnybody who had come up with a new concept would have been under suspicion for being out of step with the tradition or out of step with the teachings of the church.
John TempletonTo buy when others are despondently selling and sell when others are greedily buying requires the greatest fortitude and pays the greatest reward.
John TempletonWhen we have no goal, or when our vision of the goal is obscured, we may lose our sense of purpose. Even when we've prepared ourselves well and have an aptitude for a given activity, poorly directed efforts can rob us of vital energy. We can spend a great deal of our time, money, and other resources running around in circles. Unless we create specific goals that match our purpose in life and unless we keep a clear vision of these goals, we may eventually falter and fail.
John Templeton