DAILY WALL STREET WISDOM · #073
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“The four most dangerous words in investing are: 'This time it's different.'”
🇺🇸John Templeton
Founder, Templeton Growth Fund
WHO SAID IT
🇺🇸 John Templeton
Founder, Templeton Growth Fund
WHAT IT MEANS
Every bubble is accompanied by a narrative explaining why traditional valuation metrics no longer apply. History shows that fundamentals always reassert themselves eventually, often with devastating consequences for those who ignored them.
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