Sir John Templeton’s Rule No. 14: An investor who has all the answers doesn’t even understand all…
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Sir John Templeton’s Rule No. 14: An investor who has all the answers doesn’t even understand all the questions
A cocksure approach to investing will lead—probably sooner rather than later—to disappointment, if not outright disaster.
Even if we can identify a handful of timeless investing principles, we cannot apply these rules to an unchanging world. The universe of investments, the economic landscape, and the political environment are constantly evolving.
Everything is in a state of change. The wise investor understands that success is not about having all the answers—it's about continually seeking new answers to new questions.
