Investing the Templeton Way | Lauren Templeton | Talks at Google

[@MNSTgrowth]

This is amazing! Thank u for such a wonderful presentation

[@conniekcchin]

LaurenTempleton, thanks for your excellent lecture. Very much appreciated

[@adityagautam4974]

This is one of the most excellent talk on investing. Talking about few things, which we miss as an investor and the psychology of the money/investing and its relation with human emotions.

[@parveenkumar-xo4lh]

Amazing talk

[@DesignsnPrint]

Smart advice. Templeton and Buffett are two people who have truly help to shape my views on investing.

[@chrisf1600]

Excellent. I didn't know much about the Templeton family, but this was fascinating from a historical perspective and also packed with timeless wisdom. I really liked the concept of "the doctrine of the extra ounce". This talk should be required watching for all young investors (and many older ones too !)

[@Freakagomy]

Laura is the BOSS! So insightful and full of great advice. Thank you for this wonderful talk.

[@kyledotcom]

“Just buy your own companies stock.” Would’ve been first but she’s really wonderful and insightful. Enjoined the conversation.

[@jumbojet8]

Amazing wholesome family. God bless the Templeton family.

[@dp2120]

This is fantastic, and her assessment of companies being overstretched and overvalued was very prescient.

[@robliez8655]

The Humble Approach is one of the best books ever written. Love John Templeton.

[@taylorcallen6969]

I spent a lot of time with John Templeton! He was an amazing man!

[@learnerm3120]

I have learned a lot listening to you. Very smart lady. Thank you.

[@miryanski]

This is spectacular prescription, thank you!!!!

[@cibko]

definitely one of the most important videos i've seen... thank you Google for uploading such wisdom, for free...

[@DNBon.an808]

a great video about buying the dip that never actually mentions "buying the dip"!

[@juliehendry4360]

I just watched this video, 1 year after I started my trading activities. And I LOVE THE PRINCIPAL mentioned here by Lauren Templeton. I have been doing value investing for the past 4 months and have seen more results and better mental state compared to previous times. Being a trader has changed the way I think and the way I corelate and aware about the cycle and karma.

[@kedarisgreat]

The improved mental state is most satisfying in the long run

[@vimalalwaysrocks]

Gotta love her Southern drawl.. ❤

[@Ramilduman]

She is cute and smart. Allah🌹❣

[@Hshjshshjsj72727]

Great talk. Id never heard of the “templetons” even though I read a lot about investing

[@1800options]

Saw this video like 5 times in the last one year. Amazing talk & thanks for sharing some of the best info.

[@subshomegreenhiskills]

I read her book. It was very insightful: Invest like Templeton.

[@danielscipione9698]

I can't even express how much Ben Graham/John Templeton/Warren Buffett/Charlie Munger have changed my life. Changed my views on money and more importantly views on life.

[@kv6639]

Try to express it so we can learn too thank you :)

[@danielscipione9698]

Read Poor Charlie Munger's Almanac...

[@johnspeight5821]

Any investing in s and p 500?

[@kriegerdeslichts7481]

did their methods also change your bank account?

[@paulodo7537]

As an immigrants guys these guys are phenomenal. Full of wisdom

[@parveenkumar-xo4lh]

Amazing talk

[@benhallo1553]

Brilliant. She is a very confident speaker with good info to share

[@sfeler]

Excellent, this is how intelligent speech is heard.

[@wallstreetencyclopedia]

SPX was trading around ~2,300 in March '17 when she gave the talk - the PEAK came almost 3 years later in Feb '20 at 3300 - you'd missed ~40% gain, had you stopped buying stocks. PATIENCE IS the KEY.

[@gciftci1476]

All these good points about her ancestors and then the awful conclusions - watching this in march 2021

[@astralumin3962]

Wonderful insight

[@Young10489]

so much insightful information. Thank you

[@midnightoiltube]

The marshmallow test analogy really hits home. Thank you!

[@marekjurewicz]

Sir John Templeton should be proud of such successor.

[@MusikPiratCH]

Maybe Sir John Templeton is proud. But on the same time I have the feeling Sir John was even smarter than her! :D

[@fezario]

If I ever have a daughter I hope she grows up to be like her

[@fezario]

I just had a daughter this week

[@UrbanJournal]

@@fezariolet us know how it goes 🍻

[@Nicolas-uu3jr]

btw Google, screw the numbers the views and the likes, these talks are awesome...!

[@grantbuchanan2953]

Excellent speech!!!!

[@guru96973]

Price is what u Pay , Value is what u get ....

[@Shawk95]

Lauren is an extremely smart lady.

[@originalideas9617]

hot , every hot

[@Shawk95]

Yeah ---- she is extremely attractive too.

[@MusikPiratCH]

I think Sir John was even smarter! xD

[@Adam-ui3ot]

Wonderful talk.

12:10 on market corrections is golden. Since 1900 there has been 125 corrections and 32 bear markets. Corrections come along every year and bear markets come along every 3 to 3.5 years.

[@bmcrossland]

Great talk, thanks for publishing this Google!

[@richarddkhar4870]

Thank You Lauren,....God Bless You.

[@razak8528]

Smart, Beautiful, and Graceful.

[@hoseongahn4740]

Good lecture...! Thank you, Pretty Lady...!

[@Drumsgoon]

Amazing woman, love the accent!

[@pp-oi3on]

Great speaker!

[@georgesnow2159]

One of best to hear

[@dev71923]

If we continue talk about crash than crash won’t come... as everyone already protected.

[@CJinsoo]

great insights and composure! what the hell have I been doing with my time playing video games....

[@CeleronS1]

She is great, I love same 2012 presentation as well. I just wanted to add, that there always be psychological edge available.

[@johncharles3907]

great talk.

[@ndonaghy4376]

Such a lovely person her uncle would be proud

[@scottab140]

Easy on the eyes.

[@siyabonga1000]

'Trouble is opportunity' sounds like something Littlefinger said.. LOL

[@luckerooni7628]

Hell, it's mild compared to Buffett's "be greedy when others are fearful" or even Rothschild's "buy when there's blood in the streets."

[@luispaz6908]

I really enjoyed your presentation. Thank you very much for time, and sharing your knowledge and gold nuggets. Any further suggestions for books or additiinal knowledge?

[@taurus32_23]

Great talk Lauren!

[@Nicolas-uu3jr]

love her accent(I'm foreign)...

[@KrishnaHarish]

Beautiful and a great accent!!! 😀😍😙

[@ahoyair]

Great talk! Respect the wisdom shared.

[@keithhenry214]

Sure. Just give them money and let them decide when when to time the market. This is common sense stuff, but her point about common investor decision making is the key. She fails to mention that index funds will beat the market and don't require a firm.

[@Dmacalypse]

Great presentation.

[@alanrives6731]

Buffett said it best the main quality u need as an investor is temperament.

[@bainsk8]

Great idea re short list of securities. Great talk, I got a lot of good from it.

[@hubaermi]

26:12 this chart is essential.

[@jjukjkjiok7782]

The 4% rule works for the numbers presented, the verbal calculation is inaccurate. At historic inflation, your blended rate of return needs to 1% over inflation. At very high inflation, the blended return needs to be only 0.7% above inflation. If the SP500 yields 5.6% at the time of the talk and 2.4% bonds yield, even a 50-50 would be fine at 4% blended return, as it would be 1% over a 3% inflation and hence suffice.

[@jjukjkjiok7782]

I would add that it works even at say high inflation of 10%. During periods of high inflation, the earnings yield of 5.6% would be supplemented by nominal earnings growth rate of 10% proportionate to inflation (due to price rises, with real earnings staying almost same over the long term), leading to 15.6% total earnings return. But there is capital loss as increasing interest rates would collapse asset prices, but in the long run asset prices would recover as times normalize.

[@bhushanmore170]

wow!!! she is beautiful.

[@abcabc8740]

voice fry

[@jameson6930]

Really. If she was broke and a single mother would she be beautiful to you.

[@guru96973]

Beauty with Brain ..

[@AIStocksInsight]

Beauty is the costliest asset one can have

[@Nix4me]

S&P is over 2900 today.

[@ast453000]

tldr: buy low sell high

[@brykit1972]

*actually* buy low sell high

[@MusikPiratCH]

What happens most often is the contrary: buy high sell low! xD

[@JoyfulElephant]

Everyone knows that but the problem is knowing what is low and what is high.

[@ctanner6545]

She was saying take the mean p/e as an indicator and buy lower than that. If you are the selling type, sell at a price higher than the mean.

[@golfprochen]

So very true. But, the market always make people buy high and sell low. This talk pretty much tells you why?

[@TheContrariann]

"Doctrine of the Extra Ounce" "Patience"

[@jameskelson1891]

Buying low and selling high sounds great and we all know how difficult that can be. Beyond that I was surprised at some of the bad data and misunderstandings presented. The comments on the 4% rule were just plain wrong. An average return of 2% over the inflation rate is all that is needed to cover the 4% rule. The numbers presented were a "real" rate of 5.6% plus coverage for inflation thus bringing the required return to 8-8.5%. Scary, but not true.

[@chrisf1600]

Read Bengen's original paper ("Determining Withdrawal Rates Using Historic Data"). On the very first page, he describes a hypothetical financial adviser who makes the exact same mistake you're making. He then goes on to explain why the adviser is wrong. TLDR : the market doesn't return an "average rate" every year. It swings up and down wildly, and if you're making regular withdrawals to fund your retirement then there is a very real chance of losing everything. Hence the concept of the safe withdrawal rate based on historic market data, with the emphasis on "safe".

[@vnymachado]

Great talk!

[@ChaitanyaKhanna]

Can someone tell the name of the guy interviewing Ms Templeton?

[@ChaitanyaKhanna]

@MasterStryfe Apu?

[@The123456NoNo]

Smart and beautiful

[@cpesc7257]

Please add English Auto- Subtitled ! Thank You

[@aaroncjansen]

BLT sandwhich - Buffett, Lynch & Templeton

[@Nau-WI]

2x saves time

[@harvardmurrayinc]

I beg of you - watch this video at .75 speed. And grab a vodka/tonic. You're welcome. =]

[@satrandhawadtm8115]

Why drink?

[@harvardmurrayinc]

@@satrandhawadtm8115 slow you down and slow it down.

[@harvardmurrayinc]

@Cristiano Lopes ok thats weird

[@kopibin9532]

If you are really good in value investing then PE and LBOs are the thing for you

[@robertmarlo6668]

Those of us in crypto , 60% or 200% in 2 years .. we are here for 10000% and in 6 months 😀

[@hieroglyph321]

Translation: "You all look like you have a good stash ... give it to me, I'll look after it for you ... wink wink"

[@trollol_]

exactly show me return performance lady i don't want to her about your dead grand daddy and his second story office and his cotton gin and his bags of cotton lol scam marketing red lip stick exposed arms and legs just look at those legs boys lol sex sells

[@satishshinde8074]

6:18 current situation.

[@vernefits1953]

Lauren is cute and smart. She is awesome

[@JBulsa]

MRs.

[@paulsellssocal1924]

What is 'reaching for marshmellows'? Companies with too much debt, not funding growth, is scary.

[@itrthho]

short-term profit/loss taking instead of taking a long-term holding of stocks

[@ronsxx78]

Beauty with brains !

[@moneyspendin]

💎

[@mailtorajrao]

Sounds like this Sir John was a pretty heartless man. In olden days, vulturous traders would buy farms from desperate farmers 30 cents on the dollar to make a killing later. Oh wait...

[@pajeetsingh]

Wage worker good at controlling emotion?

[@booneguy]

"I workout daily" ... *cameraman showing the physique* - precise proof. Fit lady with a sharp mind.

[@jonathancphelps]

This video didn't age well. 32:18> "We're thinking that, you know, equities are overvalued to fairly valued now and if you're a retiree this might not be a good time to increase your equity allocation. So what else could you do? Well you could increase the allocation in your bond portfolio." What a disaster this advice is. The S&P500 is up over 100% since this talk. Sure she couldn't have foreseen the events following this video, but following Warren Buffett's methodology is a much smarter move than what is suggested here. You MUST do your own work if you want to make money investing.

[@chrisf1600]

That's a little unfair. First, you're selectively quoting. Lauren isn't suggesting that you buy bonds. She's articulating the thought process of the average investor to make a point. But as to the SP500 performance : 4-5 years is no time at all, over that timeframe the market is basically random. Sure, you'd have done well buying in 2017 but it was basically a coin flip so don't pat yourself on the book too hard. The inescapable fact is that expected long-run returns in the US are now zero or even negative. This doesn't mean that prices will fall in the next 1-2 years, but if you're investing for 20+ years then you're highly likely to lose money if you're buying at these levels.

[@Hunter-uk9np]

@@chrisf1600 Going through the comments and it seems all you're trying to do is pick apart people's points. What is your solution for consistent returns, if not dollar cost averaging into low cost ETFs and indexes over the course of your respective career. Chris, where would you recommend investing? Have you been outperforming the indexes consistently over the course of your investing years? If not, then there is a quote about the cost of free advice that you may want to revisit.

[@jonathancphelps]

@@chrisf1600 On your first point, fair enough. On the second one, most great investors use a 3 year minimum time-frame. 5 years is certainly not random. In 2017, if you had followed a value investor framework, you'd have done much much better than buying bonds. Definitely not a coin flip. I'd stick with Warren Buffett on this and stay away from bonds--he's very much against them even at much higher rates. You're right that the market is expensive now, but no one is obligated to buy the S&P500. There is always great value if you know where to look. :) Good luck!

[@jimjackson4256]

Sorry guys but she is a salesperson.

[@standm6130]

Not a good time to increase the Equity portfolio because the Equities are over valued in 2017?? Wow. She suggests to pickup more bonds. HELLO from 2024!! Equities values more than doubled.

[@pawan4800]

👌👌

[@interests1094]

Did Warren Buffet and John Templeton know each other??

[@vinext]

definitely, buffett talked abt templeton

[@leverageearnings8387]

The irony of a value investor speaking at Google lol

[@timjosling9298]

PE/G only slightly > 1 at the moment. So not that implausible.

[@Hunter-uk9np]

this didn't age well, SP500 return averaged 20% per year since this video.

[@dark_winter8238]

Yup. Smartest decision is to always be investing rain or shine. No one can predict the market.

[@chrisf1600]

CAPE ratios are an excellent predictor of long term returns, where "long term" means decades not just 4-5 years. Anyone buying the SP500 at these levels is likely to be disappointed. Remember what happened to Japan.

[@getoleper928]

Fair fax

[@rodneyericjohnson]

No wonder I have never heard of the Templeton prize, there's no such thing as an advancement in religion.

[@jdicari9534]

Let's buy Facebook ya'll is down 25%

[@nessious1]

So did you buy Facebook?😜

[@the-brownwhale]

Don't confuse genius with ah bull market! If you are not good at controlling emotions, you will never be a (good) investor! Stock prices are 14 x volatile than the underlying fundamental value!

[@hypnotechno]

im in love

[@In-Shaan]

Very beautiful woman

[@beautifulmusicforgoodmood]

What she explained in second half seems so irrelevant in 2021...scary stuff about return.... Truth is no one knows anything about the future...specially in stock markets.