Book description
The enduring legacy of a legendary investor
Called the "greatest stock picker of the century" by Money
magazine, legendary fund manager Sir John Templeton is remembered as
one of the world's foremost investors, known for his pioneering
insights and phenomenal investment performance over a professional
career which spanned more than half a century.
Templeton's Way with Money provides a unique, professional 21st
century appraisal of what made this formidable investor the success he
was-and why his methods remain as valid today as they were during his
long and successful lifetime.
Written by two investment experts, one of whom worked closely with
Sir John for ten years, and drawing on previously unpublished
documents, the book explains in detail how John Templeton's simple but
effective investment philosophy of riding out the ups and downs of the
market cycle continues to be as relevant as ever for professional and
private investors alike.
Key features include:
- A fresh and detailed reappraisal, drawing on a number of
previously unpublished documents, of the philosophy which
Templeton applied to the two phase of his investment career-first
as an investment counsel, and latterly as the most successful
global fund manager of his generation
- A detailed and original study of the performance of the
Templeton Growth Fund, demonstrating in detail how Templeton
achieved the Holy Grail of investment-above average returns with
below average risk
- First hand accounts from former colleagues of their experience
in working with Templeton-including those of author Alasdair
Nairn's ten-year career working with and for the investment
management organization that was Templeton's life work
- Proprietary and original research which explains why Templeton's
seemingly simple investment philosophy is sure to produce
exceptional returns if implemented effectively
Current market conditions make Templeton's contrarian investment
method of profiting from pessimism particularly relevant today, and
this book a must-read for anyone working with investments.
JONATHAN DAVIS is the founder and chairman of Independent Investor, a
specialist financial publishing venture, and a well-known columnist
and investment writer. A former business and financial journalist on
The Times of London, The Economist, and The Independent, he is a
regular columnist for the Financial Times, author of three other books
on investment, and a director of three investment companies.
Dr. ALASDAIR NAIRN has been managing global equity portfolios for
twenty-five years. He is the founder and CEO of Edinburgh Partners, a
specialist fund management firm based in Edinburgh, Scotland, which
manages billion in assets using Templeton's principles. Earlier in
his career, he spent ten years working for Templeton Investment
Management, latterly as Director of Global Equity Research, working
closely with Templeton himself. His previous book, Engines That Move
Markets, was a study of technology booms and busts in financial
markets.
