: While technical skills are necessary, the ability to control one's own emotions and recognize market bias is more critical. Availability and Resources
Here is the critical truth: The last physical update (Harper & Row, 1994) added a chapter on Sir John Templeton. money masters of our time john trainpdf updated
The book provides biographical evaluations and technical breakdowns of strategies used by: The Classics: : While technical skills are necessary, the ability
, emphasizing the "relentless pursuit" of companies with long-term earnings potential and superior management. His thesis in The Money Masters was radical
His thesis in The Money Masters was radical for its time: Train argued that the greatest investors (Benjamin Graham, Roy Neuberger, John Templeton) shared psychological traits—patience, non-conformity, and emotional detachment—rather than mathematical genius.
When Train wrote about Templeton, he highlighted buying "maximum pessimism." Look at Chinese tech (Tencent, Alibaba) and European defense stocks. These are today’s blood-in-the-streets assets.