The history of financial markets remembers phenomenal
deals and speculations. In this article and the next few I will share with you
my top 5 ranking of the best traders in the world and their deals. Get inspired!
Sir John
Templeton
The
first place in my ranking takes Sir John Templeton (1913 - 2008) - a great
person with remarkable success in the financial markets.
During the Depression of the 1930s, Templeton bought 100 shares of each NYSE listed company which was then selling for less than $1 a share (104 companies, 34 in bankruptcy, in 1939). This particular approach brings profitability of its investment fund of over 400% for four years, and turning him a wealthy man. Templeton's reason for making this pledge is exactly his expectation that during this period the downturns in the financial markets as a result of the Second World War will be largely compensated.
Perhaps his most successful deal comes 20 years later with the investment in Japanese stocks and other assets in 1960. This is the start of an exceptional growth in the Japanese economy that has lasted for 30 years. Allegedly Templeton has invested more than 60% of his funds, namely with the idea of growth of the Japanese economy.
In addition to these brilliant predictions, I set Sir John Templeton at the beginning of my personal ranking and because he is among the most prominent philanthropists in the world. For example, the biggest cash prize is the Templeton Prize, which is given to an individual who has made an exceptional contribution to affirming life's spiritual dimension, whether through insight, discovery, or practical works.
Templeton attributed much of his success to his ability to maintain an elevated mood, avoid anxiety and stay disciplined. He was not interested in consumerism, drove his own car and never flew first class.Templeton became known for his "avoiding the herd" and "buy when there's blood in the streets" philosophy. He also was known for taking profits when values and expectations were high.
During the Depression of the 1930s, Templeton bought 100 shares of each NYSE listed company which was then selling for less than $1 a share (104 companies, 34 in bankruptcy, in 1939). This particular approach brings profitability of its investment fund of over 400% for four years, and turning him a wealthy man. Templeton's reason for making this pledge is exactly his expectation that during this period the downturns in the financial markets as a result of the Second World War will be largely compensated.
Perhaps his most successful deal comes 20 years later with the investment in Japanese stocks and other assets in 1960. This is the start of an exceptional growth in the Japanese economy that has lasted for 30 years. Allegedly Templeton has invested more than 60% of his funds, namely with the idea of growth of the Japanese economy.
In addition to these brilliant predictions, I set Sir John Templeton at the beginning of my personal ranking and because he is among the most prominent philanthropists in the world. For example, the biggest cash prize is the Templeton Prize, which is given to an individual who has made an exceptional contribution to affirming life's spiritual dimension, whether through insight, discovery, or practical works.
Templeton attributed much of his success to his ability to maintain an elevated mood, avoid anxiety and stay disciplined. He was not interested in consumerism, drove his own car and never flew first class.Templeton became known for his "avoiding the herd" and "buy when there's blood in the streets" philosophy. He also was known for taking profits when values and expectations were high.
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