📖John Templeton
Thankful Investing
Invest with a purpose that transcends profit.
How wonderful it would be if we could help people develop the same type of devotion for helping others as they have for buying stocks. Invest with purpose beyond profit.
🏠 Everyday Analogy
📖 Core Interpretation
John Templeton advocates a repeatable process: define criteria, execute consistently, and review decisions against evidence. Process quality drives outcome consistency.
💎 Key Insight：Meaningful investing goes beyond financial returns.
AI Deep Analysis
Get personalized insights and practical guidance through AI conversation
❓ Why It Matters
Without process, there is no reliable feedback loop. Structured execution and review improve decision quality over time.
🎯 How to Practice
Run a decision loop of research, thesis, execution, and post-mortem; document assumptions and update playbooks with evidence, not hindsight bias.
⚠️ Common Pitfalls
Having opinions without execution criteria
Reviewing outcomes but not decisions
Abandoning rules during volatility spikes
📚 Case Studies
1
1973–74 Bear Market Bottom (1974)
After oil shock and recession, US stocks plunged ~45%. Sentiment was deeply negative and many predicted prolonged stagnation.
✨ Outcome：Templeton bought broadly near lows; over the next decade, US equities entered a long bull market, compounding substantial returns.
2
Asian Financial Crisis & Emerging Markets (1998)
Currency collapses and banking failures in Asia led investors to flee emerging markets, pushing valuations to distressed levels.
✨ Outcome：Templeton accumulated select Asian and emerging-market stocks; as economies stabilized, these markets rebounded strongly in the early 2000s.
See how masters handle real scenarios?
30 real investment dilemmas answered by legendary investors
Explore Scenarios →