“This time it’s different!”
How many times have you heard this from a stock market expert or from your friend who has made big money from stocks in a short time?
These words are commonly used in the stock markets to explain that stock prices can touch the sky, or touch the earth’s crust depending on whether they are rising or falling.
But if you were to listen to the legendary Sir John Templeton, these are four most dangerous words in investing – “This time it’s different.”
Apart from this, there are many other investing lessons that all investors can take from the experience of Sir John, who was the founder of the Franklin Templeton Group.
He has done well to distill his years of experience and expertise into the “16 Rules for Investment Success.”