We can all learn a great deal from the principles and the experiences of people who turned out to be terrific investors. The gems of insight they offer us can make the difference between our investment choices being mediocre or being exceptional. John Templeton was one of the best, outperforming over a seven-decade career. His ideas are well worth revisiting.
From the foundation of the Templeton Growth Fund in 1954 until he withdrew from active management of that particular fund in 1992 he turned a typical $10,000 placed in it at the start into $2,000,000, an average annual return of 14.5%. If the same sum of money had been invested in US domestic shares over that period it would have grown to just over $550,000, an annual average of 10.85%.
You can learn a great deal from Templeton, including:
I'm a full-time investor running my portfolio. I invest other people's money into the same shares I hold under the Managed Portfolio Service at Henry Spain. Each of my client's individual accounts is invested in roughly the same proportions as my "Model Portfolio" for which we charge 1.2% + VAT per year. If you would like to join us contact Jackie.Tran@henryspain.co.uk
investing is about making the right decisions, not many decisions.