For many investors today, the name John Templeton might not be familiar except as half the name of big U.S. fund company Franklin Templeton (and it’s Ben Franklin’s face on the company logo rather than Templeton’s). But until a decade or so ago, John Templeton was as well-known and as highly regarded as Warren Buffett is today, and he created the Templeton Growth Fund.
Templeton got his start as an investor during the Great Depression of the 1930s. Templeton focused his investment strategy on the low p/e ratios, high dividend yields and other value indicators he saw in the market. In a move that has become legendary, Templeton in 1939 ordered his broker to buy 100 shares of every New York Stock Exchange stock that traded for less than $1.
He based his approach on the assumption that the entire market was at bargain levels. He felt particularly confident about value in the lowest-priced stocks. They couldn’t be used as collateral for bank loans, and many investment professionals were prohibited from holding them. So there were lots of sellers and few buyers.
He was correct. Many of his purchases went to zero. But among those that survived, many rose fivefold, tenfold or more. Overall, this investment was a huge success. Templeton went on to launch his Templeton Growth Fund in 1954. It was a market leader for decades.
The Templeton Growth Fund aims to continue the approach that paid off so well for so long under its founder and long-time manager, John Templeton. His successors aim to look for bargains, avoid fads and pay close attention to a company’s fundamentals.
Templeton Growth Fund is generally well diversified, both among countries and economic sectors. Its attention to fundamentals such as earnings, cash flow and low debt, and its avoidance of fads, gives investors global exposure with reasonable risk.
Learn how to spot undervalued stocks and discover our top 4 value stock picks when you download Canadian Value Stocks today for FREE!
Doom and gloom stock predictions rarely if ever come true, but that doesn’t keep some investors from moving out of the market.
When listening to stock predictions, especially gloomy ones like those below, keep in mind that nobody can consistently predict the future. Also remember that… Read More
John Templeton, a famous investor who inspired modern investors, still offers lessons we can use today
Today, many investors might not immediately recognize the name of the master investor John Templeton. In the final quarter of the last century, however, Templeton was a famous investor, and… Read More
Today, many investors might not immediately recognize the name of master investor John Templeton. In the final quarter of the last century, however, Templeton was as famous and highly regarded as Warren Buffett is today.
Templeton got his start as an investor during the 1930s Depression… Read More
We wish all of our readers a great year-end holiday and a healthy, happy and prosperous New Year.
Please note that our next daily will appear on Friday, December 26.
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investment advice. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how… Read More
Sweeping up after the 1929 Crash
Today, many investors might not immediately recognize the name of master investor John Templeton. In the final quarter of the last century, however, Templeton was as famous and highly regarded as Warren Buffett is today.
Templeton’s investing strategy focused on… Read More
Today, many investors might not immediately recognize the name of master investor John Templeton. In the final quarter of the last century, however, Templeton was as famous and highly regarded as Warren Buffett is today.
Templeton ignored negative predictions and focused his investing strategy on… Read More
TEMPLETON GROWTH FUND $9.39 (CWA Rating: Conservative) (Franklin Templeton Management Limited, 1 Adelaide Street East, Suite 2101, Toronto, ON. M5C 3B8. 1-800-387-0830; Web site: www.templeton.ca. Buy or sell through brokers) tries to continue the approach that paid off so well for so long under its… Read More
TEMPLETON GROWTH FUND $8.42 (CWA Rating: Conservative) (Franklin Templeton Management Limited, 1 Adelaide Street East, Suite 2101, Toronto, ON. M5C 3B8. 1-800-387-0830; Web site: www.templeton.ca. Buy or sell through brokers) follows the approach that paid off so well for so long under its founder and… Read More
We feel that most mutual-fund investors should own no more than five funds. When you own more than this, you run a higher risk of over-diversification. This could cause your portfolio to produce a return that matches that of the market, minus the 2% to… Read More
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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