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Rembering Sir John Templeton


Submitted by John on Wed, 2008-07-09 10:41.

From Paul Kangas' interview with Sir John in 1999:
SIR JOHN TEMPLETON: So many people think they're wiser than they are, and they take risks. They buy on borrowed money, not thinking they're ever going to be called to pay it back. So, I believe the most dangerous thing you can do, business-wise, is to be excessively optimistic and use borrowed money or base your whole career on any one concept or asset.

Sir John Templeton passed away yesterday at the age of 95 near his home in the Bahamas.

Transcript: http://www.pbs.org/nbr/site/onair/transcripts/080708f/

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