Investing the Templeton Way (McGraw-Hill)
The Behavioral Edge
Investing the Templeton Way was written for the purpose of illustrating a successful behavioral investment approach to a wide audience. Rather than focusing too heavily on financial or valuation techniques, the book illustrates the more critical role of temperament, and how mastering this element to investing equips the investor to succeed across the span of time and varying market circumstances. Beginning with Sir John's first trade in "maximum pessimism" on the eve of World War II to being one of the largest short-sellers at the top of the dotcom bubble, the book walks the reader through several decades of successful investment behavior applied by a legend in the field. For those looking for similar success, hint: be ready to go against the crowd.