How to Make Money During Times of Fear: Profit From Maximum Pessimism w/ Lauren Templeton (TIP612)

Рет қаралды 16,682

4 ай бұрын

Kyle talks to Lauren Templeton about investing and life lessons she learned from Sir John Templeton. They discuss using the scientific method in investing, avoiding biases, learning from history, and using multiple evaluation tools. They also talk about pessimistic sectors that could become future winners.
Lauren C. Templeton founded Templeton & Phillips Capital Management and is its CEO. She is also on the board of directors for publicly traded companies like Fairfax Financial Holdings, Fairfax India Holdings, and Canadian Solar. She worked for Morgan Stanley, Homrich Berg, and New Providence Advisors before forming her company in 2001. Lauren co-authored the bestselling book 'Investing the Templeton Way' about her great uncle, Sir John Templeton.
IN THIS EPISODE YOU’LL LEARN:
0:04:13
- Why we should combat “home bias”
- How Lauren fights confirmation bias
0:07:02
- How savings rates have changed with the times
0:07:38
- Why high savings rates are so important for new opportunities
0:08:38
- The hurdles you need to overcome for investing in Japan
0:10:12
- The importance of looking at unpopular sectors
0:10:42
- Why you should look at sectors with bad outlooks
- Why you should understand maximum pessimism and how it creates opportunities
0:11:42
- Why maximum optimism is a risky place to deploy capital
0:12:16
- How Sir John Templeton offset value traps using his strategy
0:13:39
- What Sir John Templeton thought about quality
0:13:50
- Why you should use multiple evaluation tools in your analysis
0:18:59
- How Lauren created her life to stay disciplined
- The importance of living a disciplined lifestyle to improve yourself
0:20:30
- How to utilize the scientific method in investing
0:26:17
- The strengths of lowering how reactive you are
0:27:12
- The importance of removing yourself from the crowd
0:29:32
- How Lauren has used inversion to help her investing strategy
0:41:55
- How Lauren has decreased the effects of FOMO
0:42:18
- How Lauren’s investing strategy has altered given the current macro backdrop
0:45:21
- Why Lauren sees an opportunity in small caps right now
- The historical returns in small caps after having the valuation gap we are seeing today
0:32:23
- The importance of alignment between your daily life and investing philosophy
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▶️ RELATED EPISODES:
- Contrarian Investing & Sir John Templeton w/ Scott Phillips: • Contrarian Investing &...
- Sir John Templeton w/ Lauren Templeton: • Sir John Templeton w/ ...
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📖 BOOK MENTIONED:
- The Templeton Way by Lauren Templeton: amzn.to/48BcNiJ
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Пікірлер: 63

@WeStudyBillionaires 4 ай бұрын

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@bruceaulabaugh 4 ай бұрын

Lauren is a very well spoken, thoughtful and charismatic guest. Thank you for this interview.

@WeStudyBillionaires 4 ай бұрын

Thank you for the kind words! 🙌

@enjoythedreamlife5658 4 ай бұрын

Met John Templeton in 1995 at a templeton Seminar. Had my Picture taken with him and still have it. 3 people I wanted to meet and he was one of them. Very mild, beautiful Godly man. Learned alot from him

@WeStudyBillionaires 4 ай бұрын

Thank you for sharing! 🙏

@chuqing99 4 ай бұрын

Totally agree on the maximum pessimism on China stocks. Time to get in.

@george6977 4 ай бұрын

👍Buy when max pessimism. Sell when max euphoric optimism.

@WeStudyBillionaires 4 ай бұрын

Thanks for watching! 🙌

@tadakimasu 4 ай бұрын

Always great to hear more from Lauren. Thanks for the interview~

@WeStudyBillionaires 4 ай бұрын

Thank you for the kind words! 🙏

@korgond 4 күн бұрын

Very useful interview. Thanx 🇹🇷

@WeStudyBillionaires 3 күн бұрын

Appreciate the kind words! 🙏

@shortclimberbeta 4 ай бұрын

please continue your podcast Lauren!

@WeStudyBillionaires 4 ай бұрын

Thanks for tuning in! 💯

@bruceaulabaugh 4 ай бұрын

Kyle asked great questions. Thanks Kyle.

@WeStudyBillionaires 4 ай бұрын

Thanks so much for tuning in! 💯

@stevenbond4637 4 ай бұрын

I love listening to Lauren, as well as being so smart she just sounds so damn mellow, how you could you get scared and sell your stocks early when Lauren is talking

@WeStudyBillionaires 4 ай бұрын

Glad you enjoyed the video! 🙏

@jamesgallant1690 4 ай бұрын

Fantastic interview. Really enjoyed it!

@WeStudyBillionaires 4 ай бұрын

So happy to hear that! 🙌

@krishnaramtohul818 4 ай бұрын

Lauren what do u think about south America market...We can see last few year Black Rock, Gp Morgan are puting big money in brazil.....what do u think.....!!

@NicholasPalance 4 ай бұрын

love that opening quote!

@WeStudyBillionaires 4 ай бұрын

Much appreciated! ❤

@KamilMauel 4 ай бұрын

Yeap, always consider time specific adjustment. Otherwise will be left with the proverbial abacus and CRT TV in the CPI basket.

@fredericosantarem-il 4 ай бұрын

Amazing interview by one of the best investors out there. The family principles are all there, thank you Mrs. Templeton! I loved what she shared at the very end, that shows how many opportunities are in places where most investors flee away from. And that is precisely China at the moment!

@WeStudyBillionaires 4 ай бұрын

So happy to hear that! 💡

@thetjt 4 ай бұрын

Exactly. It's funny... people always quote that "be greedy when others are fearful"... but when that time comes - people are too fearful to cease the opportunity.

@shortclimberbeta 4 ай бұрын

Lauren is the best!

@WeStudyBillionaires 4 ай бұрын

Thank you so much for watching! 💯

@russiachinanorthkoreastatetv 4 ай бұрын

The question becomes how do you save to buy during bull markets when the gains are on the table? & obviously selling for loss to buy another position that looks good isn’t smart…. So what is the answer besides always holding cash or having access to cash from credit lines

@mrmurky1118 4 ай бұрын

53:39 China? Russia is like “hold my beer. “

@GAinAsia 3 ай бұрын

She can read

@BaccaratDegen 4 ай бұрын

Stocks will outperform bonds in the long run during periods of high inflation.

@kunverjihirani276 4 ай бұрын

😊🙏👍

@joezawinulreviewsandreacti2509 4 ай бұрын

Is she looking at Turkey yet, still lots of pessimism

@donpeters9534 4 ай бұрын

The protections in place today, including the FED and Economic Stimulus are only in place today because of the 1929 Great Depression, and the government attempts to prevent the same thing from happening again in the US.

@user70331 4 ай бұрын

Time to sell, markets in self defying ai euphoria

@brianbirnbaum9760 4 ай бұрын

Says the one who’s been in cash during one of the best bull runs in history.

@brianbirnbaum9760 4 ай бұрын

Also, if you can’t see the skepticism, that’s still out there then you’re not looking.

@jonl9192 4 ай бұрын

I would be in agreement if it werent for the earnings and cashflows that are showing up. But when those growth numbers slow down then itll will feel bubbly.

@munmengkok7882 4 ай бұрын

China is cheap, too cheap. So we should invest?

@tadakimasu 4 ай бұрын

It is cheap, but high risk due to the CCP's ability to interfere and legitimacy of data or rather lack thereof. You can invest you just need to have a way to confirm the integrity of the data.

@Allen-L-Canada 4 ай бұрын

@@tadakimasu there is no way to confirm their data. It's an unreliable and high Geo-risk country to invest.

@arnabbhattacharya6579 4 ай бұрын

@@Allen-L-Canada ......China is a dangerous country. As an Indian we know it too well. India is a stable democracy and a market with good, clean companies like Tata, Godrej, Hdfc, ITC. A much better bet compared to China

@sungkeum1286 4 ай бұрын

Buffett "never risk a permanent loss of capital"

@george6977 4 ай бұрын

China suddenly made companies in the education sector not for profit. Where will the Maoists strike next? I'd rather pay a premium for non communist countries.

@easterntechartists 4 ай бұрын

Did Templeton pay his fair share of taxes? Cause if he didn't we can ignore him.

@michaelfriend3990 4 ай бұрын

A couple thousand... 😂

@jasoncloner 4 ай бұрын

Great insights, thanks, but please quit with the "Sir" John.

@ksaggars5016 4 ай бұрын

Absolutely no reason to invest in China

@thetjt 4 ай бұрын

Only that it's the world's biggest market, manufacturing, trade & technological leader. Plus the stocks are grossly undervalued. So yes, besides that there's absolutely no reason. : )

@MRoyn-cg8ey 3 күн бұрын

@@thetjt Enjoy your underpeformance!

@thetjt 3 күн бұрын

@@MRoyn-cg8ey SP500 is expected to average about 3-4% during the next decade, according to historical data on CAPE ratio etc. China - MUCH better.

@MRoyn-cg8ey 3 күн бұрын

@@thetjt I can sense the pain of your underperformance in the way you type.