"16 Rules for Investment Success"

"16 Rules for Investment Success"
by Sir John Templeton

In 1993, Sir John Templeton wrote an article that first appeared in the magazine “World Monitor: The Christian Science Monitor Monthly”, entitled “16 Rules for Investment Success”. Here is Sir John’s list, with some commentary about each point and how it relates to what we are experiencing in the financial world today:

"Success in the stock market is based on the principle
of buying low and selling high. Granted, one can
make money by reversing the order—selling high
and then buying low. And there is money to be made
in those strange animals, options and futures. But,
by and large, these are techniques for traders and
speculators, not for investors. And I am writing as a
professional investor, one who has enjoyed a certain
degree of success as an investment counselor over
the past half-century—and who wishes to share
with others the lessons learned during this time."