JOHN TEMPLETON

When we look at situations, we prefer to look for what is distinct. Instead, we should pay attention to the similarities.

The four words "this time is different" makes us incorrectly think that differences are more valuable than similarities. When your rea...

Investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity.

The safest and most potentially profitable thing is to buy something when no one likes it. Given time, its popularity, and thus its price, can only go one way: up.

Investors on the same field often play different games. Even investors who think they're playing the same say have widely different goals and risk tolerances.

Most investing debates reflect investors playing different games and missing each other in conversation. I...