A friend shared the following article with us this week from the July 1974 edition of Forbes magazine. In 1974, Sir John Templeton was 61 years old. The Templeton Growth Fund was relatively unknown with only $18 million under management. After publication of the following article, AUM grew exponentially. When Sir John sold the business in 1992, the Templeton Funds managed approximately $20.7 billion!
If you are interested in learning more about Templeton & Phillips Capital Management, LLC please contact us at [email protected].
Lauren Templeton & Scott Phillips
“The best bargains are not stocks whose prices are down the most, but rather those stocks having the lowest prices in relation to possible earning power of future years.”
~ Sir John Templeton, October 1957
Follow the Link Below for the Article The Money Men (Forbes, July 1974)
