Lauren Templeton | Investing the Templeton Way

Lauren C. Templeton is the founder and president of Templeton & Phillips Capital Management, LLC; a value investing boutique located in Chattanooga, Tennessee. Ms. Templeton currently serves on the Board of Directors at Fairfax Financial Holdings, the Board of Directors at Fairfax India Holdings Corporation, and the Board of Directors of Canadian Solar.  
Ms. Templeton is the great-niece of Sir John M. Templeton and serves on the Board of Trustees of the John Templeton Foundation. She is also a current member the Templeton World Charities Foundation and a Trustee of Templeton Religion Trust. Ms. Templeton is the co-author of Investing the Templeton Way: The Market Beating Strategies of Value Investing’s Legendary Bargain Hunter. She received a B.A. in Economics from the University of the South.
 
We talk about:
 1)      Lauren’s childhood and upbringing, and growing up around investing
2)      Sir John Templeton’s optimism, and the concept of maximum pessimism
3)      Sir John’s respect for thrift, and the importance of saving
4)      Making a positive difference in clients’ lives
5)      The benefits of being a student of history
6)      Sir John’s worldly views shaped by travel
 
We cover so many stories from Lauren's life, and her memories of Sir John, her great uncle.
 
Stay tuned until the end, when we talk about Berkshire Hathaway and Lauren’s recent email exchange with Warren Buffett.
 
Links:
 ⁠Investing the Templeton Way: The Market-Beating Strategies of Value Investing's Legendary Bargain Hunter⁠
⁠Templeton & Phillips Capital Management⁠

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IMPORTANT: As a reminder, the remarks in this interview represent the views, opinions, and experiences of the participants and are based upon information they believe to be reliable; however, Sicart Associates nor I have independently verified all such remarks.

[brownly]

beautiful exchange...got tears in my eyes

[gunterke]

I was also a student in Brussels in 2000 and maybe can shed a bit of light upon the perspective of your professors. Belgians have been loyal savers, despite the low rates we've had for quite some time. Around 2000 a very promising company, Lernout & Hauspie had convinced quite a few head of households to invest in their business (speech recognition, revolutionary at the time). The heads of the company appeared in media, talk shows, the pride of the nation. Until 2000 when the Wall Street Journal had investigated them. They had a lot of irregularities, shell companies that were reporting fake revenues. So those heads of households, having tried their one shot at the stock market, found themselves betrayed by a Belgian version of Enron. The result is that even to this day, Belgians kept saving. Good thing that ordering books online is relatively easy these days because books on the stock market are rare in our book shops. So you were fortunate to find a copy of One up on Wall Street here (which is a great book).