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“Where is the Outlook Most Miserable?”
Templeton borrowed a then-hefty sum of $10,000 ($192,282 in today’s dollars) and bought shares of 104 companies trading at $1 per share or less. He had a hunch that although the general sentiment at that time was extremely negative, the war was actually going to fuel the economy. Continue reading
Posted in MN Gordon, Stock Market
Tagged contrarian, diversification, john templeton, patience, templeton growth fund
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