Focus on value because most investors focus on outlooks and trends.
Interpretation
Investors should prioritize fundamental value over market trends.
John Templeton emphasizes the importance of concentrating on the intrinsic value of investments instead of being swayed by external factors like market trends and forecasts. This perspective encourages a deeper analysis of what constitutes real worth in investments, suggesting that a focus on lasting value can lead to better decision-making and ultimately greater financial success.
In practice
In a finance seminar discussing long-term investment strategies.
The correct description is that we try every day to become more humble when we talk about divinity, we try to realize how little we know and how open minded we should be. It's self centered to think that human beings, as limited as we are, can describe divinity.
Life is made up not necessarily of great sacrifices or high-level duties but of little things. The smiles, the kindnesses, the commitments and obligations and responsibilities that are given habitually and lovingly are the blessings that win and preserve the heart and bring comfort to one's self as we as to others. This is the ministry of service performed by every useful life.
The correct description is that we try every day to become more humble when we talk about divinity, we try to realize how little we know and how open minded we should be.
The objective of our religious foundations is to teach people that they are hurting themselves when they say they believe something. What we should realize is we know almost nothing about God and therefore we should be eager to search and to learn.
The idea that an individual can find God is terribly self-centered. It is like a wave thinking it can find the sea.
Three of my children are medical doctors; they know at least a hundred times as much about your body as my grandfather knew, but they don't know much more about soul than he did.
The biggest rival I had in my career was me. I couldn't control Arnold Palmer, Gary Player, Tom Watson or Lee Trevino. The only person I could control was me.
I have a lot to learn about NASCAR. But I've learned if you have the right people in the right places doing the right things, you can be successful at whatever you do.
Many players want to make as much money as they can and change teams for ten grand. How is that going to make much difference to their lives?
He had no failings which were not owing to a noble cause; to an ardent, generous, perhaps an immoderate passion for fame; a passion which is the instinct of all great souls.
What's keeping you from being rich? In most cases it's simply a lack of belief. In order to become rich, you must believe you can do it, and you must take the actions necessary to achieve your goal.
Thereβs nobody taking center from me until I give it up.
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