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This Time is Different: Marcus Templeton said this phase was costly in 1933, but here is when it may be true
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This Time is Different: Marcus Templeton said this phase was costly in 1933, but here is when it may be true
‘The investor who says, “This time is different,” when in fact it’s virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing’. This quote was said by John Templeton’s in his work ‘16 rules for Investment Success‘. Why Templeton thought ‘This Time is Different’ was…
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