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The 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 Templeton
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John Templeton
Age: 95 †
Born: 1912
Born: November 29
Died: 2008
Died: July 8
Businessperson
Entrepreneur
Investor
Merchant
Winchester
Tennessee
John Marks Templeton
Sir John Marks Templeton
Progress
Hong
Living
Kong
Hands
Whereas
Littles
Standard
Government
Nearly
Little
Keeps
Everything
India
Regulates
Standards
Multiplied
More quotes by John Templeton
Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century.
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If we become increasingly humble about how little we know, we may be more eager to search.
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The time of maximum pessimism is the best time to buy.
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Politicians who are willing to spend too much are the ones who get reelected.
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For those properly prepared, the bear market is not only a calamity but an opportunity.
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If governments encourage people to become more spiritual there will be a reduction in healthcare costs.
John Templeton
Let no day go by without counting your blessing.
John Templeton
You must be a fundamentalist to be really successful in the market.
John Templeton
Basic reality seems to be that the more you try to be like God by radiating unlimited love, the more you become flooded by waves of love from others and from God.
John Templeton
Each of us has a purpose for living beyond our own survival and pleasure. Every individual is like a thread in a beautiful tapestry with a vital contribution to make, not only to the sustenance of life as we know it, but in the creation and development of more beneficial expressions of life.
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Never forget: the secret of creating riches for oneself is to create them for others.
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Do your homework or hire wise experts to help you. Never jump into a business you have no idea about.
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Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
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The person who is willing to say yes to experience is the person who discovers new frontiers.
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It is only by understanding the emotion of others that an investor has a chance to produce superior results.
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It's self-centered to think that human beings, as limited as we are, can describe divinity.
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Outperforming 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.
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Invest at the point of maximum pessimism.
John Templeton
I believe all religions are becoming obsolete, clinging to ancient concepts.
John Templeton
I'm really convinced that our descendants a century or two from now will look back at us with the same pity that we have toward the people in the field of science two centuries ago.
John Templeton