Buy stocks when pessimism is at its peak

Dusseldorf Buy shares cheap and then sell them expensive – who wouldn’t want that. Two new guides for investors help put that theory into challenging practice.

Both versions are cleverly written, but not easy to hack. That is why it is worth looking at two books that have already been published, one of which is structured and understandable.

Buying stocks when pessimism is at its peak was the saying of Sir John Templeton, founder of the fund of the same name and one of the greatest investment legends. For decades it counted Templeton growth The fund is considered one of the most successful and well-known equity funds worldwide.

Learning from history in order to avoid mistakes in the future was a very important motto for Templeton: “The five most dangerous words in capital investment are: this time everything is different.”