Templeton’s 16 Rules (Cont.)
9. Aggressively monitor your investments.
10. Don’t panic. Sometimes you won’t have everything sold as the market crashes. Once the market has crashed, don’t sell unless you find another more attractive undervalued stock to buy.
11. Learn from your mistakes, but do not dwell on them.
12. Begin with prayer, you will think more clearly.
13. Outperforming the market is a difficult task, you must outthink the
managers of the largest institutions.
14. Success is a process of continually seeking answers to new questions.
15. There is no free lunch. Do not invest on sentiment. Never invest in an IPO. Never invest on a tip. Run the numbers and research the quality of management.
16. Do not be fearful or negative too ofter. For 100 years optimists have carried the day in U.S. Stocks.