The four most dangerous words in investing are: ‘This time it’s different.’ — Sir John Templeton

The four most dangerous words in investing are: ‘This time it’s different.’

Author: Sir John Templeton

Insight: When everyone swears the old rules don't apply anymore, that's exactly when they do. We fall for this in careers, relationships, and life plans too—convinced our situation is uniquely special. The trap isn't being optimistic; it's mistaking optimism for evidence.

Source: John Templeton's 29 Laws of Investing, Law 7

/Quotes

The four most dangerous words in investing are: ‘This time it’s different.’

Sir John TempletonJohn Templeton's 29 Laws of Investing, Law 7

Insight

When everyone swears the old rules don't apply anymore, that's exactly when they do. We fall for this in careers, relationships, and life plans too—convinced our situation is uniquely special. The trap isn't being optimistic; it's mistaking optimism for evidence.

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Sir John Templeton

Sir John Templeton was a British-American investor, mutual fund pioneer, and philanthropist, known for his innovative approaches to value investing. He founded the Templeton Growth Fund in 1954, which became one of the first global mutual funds, emphasizing investments in undervalued companies worldwide. Templeton was also recognized for his charitable work, establishing the John Templeton Foundation to support research and education in areas of character development and spirituality.

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