The enduring legacy of a legendary investor Called the "greatest stock picker of the century" by Money magazine, legendary fund manager Sir John Templeton is remembered as one of the world's foremost investors, known for his pioneering insights and phenomenal investment performance over a professional career which spanned more than half a century.

Introduction vii Chapter 1 The Man and His Life 1 Chapter 2 Investment Counsel 29 Chapter 3 Fund Manager 65 Chapter 4 Philosophy in Action 101 Chapter 5 Why the Templeton Method Works 131 Chapter 6 Past, Present, and Future 161 Appendix John Templeton’s Advice to Investors 185 Notes 235 Selected Bibliography 241 Acknowledgments 243 About the Authors 245 Index 247

Sir John Templeton is universally acknowledged as one of the most successful money managers of the twentieth century, best known for his trailblazing approach as a global equity investor, fearlessly hunting for stock market bargains in places where few professionals had ventured before. While much has been written about this giant of the investment world, Templeton's Way with Money: Strategies and Philosophy of a Legendary Investor offers a fresh and independent analysis of the man and his methods, exploring his personal history and explaining in layman's language why his insights are still so relevant today. An inspiration for thousands of investors, Templeton is a member of a small professional elite, money managers who attain the ultimate goal of stock market investment—consistently above average returns with below average risk. Drawing from an extensive selection of sources (many of them published here for the first time), investment experts Jonathan Davis and Alasdair Nairn take a new and unbiased look at the long career of a true master of the game, one who excelled both as investment counsel and manager of a mutual fund that broke all records for its sustained and consistent market outperformance over a period of nearly four decades. This timely book sifts through some of the myths surrounding Templeton's career to demonstrate, using personal interviews and original analytical research, why Templeton's methods worked, why they are so often misunderstood, and what investors must do to take advantage of his key ideas and insights. Part biography, part investment advice, Templeton's Way with Money skillfully dissects Templeton's life, career, investment philosophy, and the track record of his first mutual fund, and sketches out the opportunities open to investors for following in his footsteps. The authors conclude by using Templeton's methods to offer a compelling analysis of the threats and opportunities facing investors as they seek to make more informed investment decisions in today's troubled financial environment.