We Study Billionaires - The Investor’s Podcast Network

chevron_right

TIP460: Investing the Sir John Templeton Way w/ Lauren Templeton

Jun 26, 2022

Guest

Lauren Templeton

Lauren Templeton, founder and president of Templeton & Phillips Capital Management, shares insights from her great-uncle, Sir John Templeton, a pioneer of behavioral finance. She discusses key moments in his career and the family's investment philosophies shaped by resilience and contrarian thinking. The conversation dives into navigating market volatility and the importance of accepting imperfection in investment decisions. Lauren also offers her perspective on optimal investing during periods of pessimism, blending art and science in strategic decision-making.

01:06:37

forum

Ask episode

web_stories

AI Snips

view_agenda

Chapters

menu_book

Books

auto_awesome

Transcript

info_circle

Episode notes

insights

INSIGHT

Disciplined Mind

Sir John Templeton was disciplined, practiced impulse control, and believed in positive thinking.
He structured his life to minimize emotional reactions to market fluctuations.

volunteer_activism

ADVICE

Wishlist Strategy

Create a wishlist of securities you'd like to own if they become attractively priced.
This helps you make rational decisions during market downturns when emotions run high.

question_answer

ANECDOTE

Contrarian by Nature

Sir John Templeton's contrarian thinking extended beyond investing.
He encouraged his family to debate topics and switch sides mid-discussion.

Get the Snipd Podcast app to discover more snips from this episode

Lessons from Sir John Templeton's Upbringing

01:30 • 18min

chevron_right

Navigating Market Volatility

19:10 • 6min

chevron_right

The Contrarian Investor's Legacy

25:14 • 19min

chevron_right

Balancing Art and Science in Investment Strategies

44:07 • 4min

chevron_right

Embracing Imperfection in Investment

48:23 • 20min

chevron_right

Connecting Through Value Investing Insights

01:07:56 • 2min

chevron_right

#386

• Mentioned in 75 episodes

Market Wizards

Jack D. Schwager

Market Wizards is a must-read for traders and financiers, offering a deep dive into the strategies and mental attitudes of the world's most successful traders. The book includes interviews with traders such as Bruce Kovner, Richard Dennis, Paul Tudor Jones, and others, revealing their approaches to trading and the factors that contribute to their success. It covers a wide range of markets, including treasuries, futures, commodities, and more, and highlights the importance of solid methodology and proper mental attitude in trading.

#20559

• Mentioned in 3 episodes

Investing the Templeton way

Lauren Templeton

Scott Phillips

This book provides insights into Sir John Templeton's timeless principles and methods, detailing his approach to investing at the point of maximum pessimism. It offers lessons on how to identify undervalued assets, maintain emotional detachment, and apply quantitative reasoning in stock selection. The book also explores Templeton's pioneering work in global investing and his ability to outperform the market over decades.

• Mentioned in 1,349 episodes

Atomic Habits

James Clear

Atomic Habits by James Clear provides a practical and scientifically-backed guide to forming good habits and breaking bad ones. The book introduces the Four Laws of Behavior Change: make it obvious, make it attractive, make it easy, and make it satisfying. It also emphasizes the importance of small, incremental changes (atomic habits) that compound over time to produce significant results. Clear discusses techniques such as habit stacking, optimizing the environment to support desired habits, and focusing on continuous improvement rather than goal fixation. The book is filled with actionable strategies, real-life examples, and stories from various fields, making it a valuable resource for anyone seeking to improve their habits and achieve personal growth.

#25069

• Mentioned in 2 episodes

The Little Book of Behavioral Investing

How not to be your own worst enemy

James Montier

The Little Book of Behavioral Investing explores how human psychology affects investment decisions, often leading to suboptimal outcomes. It identifies common behavioral biases such as overconfidence and loss aversion, providing strategies to recognize and mitigate these biases to improve investment performance. The book emphasizes the importance of a disciplined investment process and critical thinking to achieve superior returns.

IN THIS EPISODE, YOU'LL LEARN:

10:14 - How he pioneered the idea of behavioral finance by living it.
12:32 - The highlights of Sir John Templeton’s career.
35:00 - What led John to become Sir John.
38:20 - How Lauren’s fund has evolved since it was first funded by Sir John.
52:42 - Lauren’s thoughts on nature vs nurture, having grown up in a family of famous investors.
1:01:00 - How to invest at the time of optimum pessimism and if we are there today.
And a whole lot more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Templeton & Phillips Website.
Templeton Newsletter.
Lauren Templeton's Twitter.
Check out our favorite Apps and Services.
New to the show? Check out our We Study Billionaires Starter Packs.
Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

SPONSORS

Support our free podcast by supporting our sponsors:

Hardblock
AnchorWatch
Cape
Intuit
Shopify
Vanta
reMarkable
Abundant Mines

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Home Top podcasts Popular guests Top books