Not yet have I found any better method to prosper during the future financial chaos, which is likely to last many years, than to keep your net worth in shares of those corporations that have proven to have the widest profit margins and the most rapidly increasing profits. Earning power is likely to continue to be valuable, especially if diversified among many nations.
Interpretation
Investing in profitable companies can help secure financial prosperity during uncertain times.
John Templeton emphasizes the importance of investing in shares of corporations that have consistently demonstrated strong profit margins and growth in profits. He suggests that in the face of potential financial instability in the future, maintaining a diversified portfolio of these strong investments can be a reliable strategy for preserving and enhancing one's wealth over time.
In practice
During a financial seminar, you might quote Templeton to emphasize the importance of smart investing.
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.
Earnings don't move the overall market; it's the Federal Reserve Board... focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets.
Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.
It isn't as important to buy as cheap as possible as it is to buy at the right time.
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Your priorities, passions, goals, and fears are shown clearly in the flow of your money.
I believe, in the stock market - that's one of my fields - that most people are irrational. And to be irrational, you can be irrational in so many different ways that, practically, the result is indeterminate.
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