23.01.2025 Other Voices: Best to invest in areas of "maximum pessimism"
By Sean Peche, Portfolio Manager at UK-based Ranmore Fund Management:

The late Sir John Templeton was labelled by Money Magazine in 1999 as "arguably the greatest global stock picker of the century". For good reason. Had you invested $10,000 in his fund at launch in 1954, you would have amassed over $2m by the time he sold to Franklin Resources in 1992 (15% p/a). By comparison, that $10,000 "o

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