The death this week of global investor and philanthropist John Templeton provides an opportunity to quote one of his maxims and apply it to the world of property investment.
Although he was not talking about real estate as such, there remains wisdom in his perspective when applied to the issue of when to buy and when to sell property:
Although he was not talking about real estate as such, there remains wisdom in his perspective when applied to the issue of when to buy and when to sell property:
If you want to have a better performance than the crowd, you must do things differently from the crowd.... I have put these philosophies into a simple statement: help people. When people are desperately trying to sell, help them and buy. When people are enthusiastically trying to buy, help them and sell.
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