Timeline for What did John Templeton mean when he said that the four most dangerous words in investing are: ‘this time it’s different'?
Current License: CC BY-SA 3.0
5 events
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| Nov 5, 2016 at 21:34 | comment | added | Victor | @jared - someone using technical analysis properly would have gotten out of the market and would be shorting it. Pure technical traders use systematic and mechanical methods to trade and invest. The quote is more relavent to those investing or trading based purely on their emotions. From your comment it just shows you have no idea what you are talking about. | |
| Nov 4, 2016 at 15:19 | comment | added | Jared Smith | that's one kind of investing (fundamental). The Templeton quote is about technical investors who confuse themselves with fundamental ones. | |
| Nov 4, 2016 at 15:16 | comment | added | Philip | Well yes, but all investments are making that bet right now in varying amounts to varying degrees of certainty. That's what investing is. | |
| Nov 4, 2016 at 14:57 | comment | added | Jared Smith | Although pedantically correct, this does not really address the OPs question. The problem is that its easy to see, in hindsight, which of the million new things happening all the time led to permanent structural changes. The point of the Templeton quote is that its dangerous to bet on which one of the new things right now will cause a permanent structural change. Plenty of people thought that CDOs were a permanent and stable change in the second-hand debt market. | |
| Nov 4, 2016 at 13:54 | history | answered | Philip | CC BY-SA 3.0 |