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Strategies & Market Trends : Value Investing

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To: richardred who wrote (49676)10/7/2012 2:20:34 PM
From: E_K_S5 Recommendations  Read Replies (4) of 78748
 
Hi richardred -

You stated:
John Templeton is another. I've found throughout my investing years.

My Dad introduced me to Sir John as a teenager. We would go through his quarterly reports and look at the stocks he owned and was buying. I even watched him on Rukeyser's "Wall Street Week" ( Here he is as a special guest in 1989). (Note: Many are too young here to remember Sir John or even Wall Street Week - it was an institution in our home every Friday night). Even 23 years later, everything he says in that interview is true today and I suspect will be true in the future too.

I always remembered his saying that "the DOW would be 10,000 by 2000". We did that and even more.



He was honest too. Perhaps that was because he was very religious.

I remember he was always buying when others were selling as he always believed that in the long term value would win out. I believe that today too.

EKS
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