JOHN TEMPLETON

If you want to have a better performance than the crowd, you must do things differently from the crowd.

An investor who has all the answers doesn't even understand the questions.

The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.

The four most dangerous words in investing are: this time it's different.

It is impossible to produce superior performance unless you do something different from the majority.