In 1939, As War Broke Out In Europe, He Told His Broker: 'Buy Me $100 Of Everything Below $1 A Share.' Over The Next 7 Decades, John Templeton's Philosophy That 'The Time Of Maximum Pessimism Is The Best Time To Buy' Made Him One Of The Wealthiest Men In The World.
When war panic drove most investors to the exits in 1939, a 26-year-old made a single unconventional bet that would define a century of investing wisdom. The logic behind his trade still challenges everything most people believe about risk.
When war panic drove most investors to the exits in 1939, a 26-year-old made a single unconventional bet that would define a century of investing wisdom. The logic behind his trade still challenges everything most people believe about risk.
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