The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.
About this quote
- Attributed to
- Sir John Templeton
- Attribution status
- As published
Photo: Thomas Wolf, www.foto-tw.de · CC BY-SA 3.0 · source
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More from Sir John Templeton & related wisdom
If we become increasingly humble about how little we know, we may be more eager to search.
Don't ever, ever, believe anyone who tells you that you can just get by, by doing the easiest thing possible. Because there's always somebody behind you who really wants to do what you're doing. And they're going to work harder than you if you're not working hard
As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.

When I first started in business, I didn't know when it was time to move on. But I learned a lot about what I call the return-on-invested-brain-damage calculation. If the return isn't high enough to justify the brain damage, I won't spend the time. Investing is one of the few things you can learn on your own.

Someone's sitting in the shade today because someone planted a tree a long time ago.