—Sir John Templeton (Photo courtesy of the John Templeton Foundation)
John Templeton was one of the greatest value and international investors of the 20th century. He made a fortune by sifting through forlorn or forgotten sectors or industries in search of hidden gems. Fittingly, one of his first investment moves came as America was reeling from a decade of depression and economic turmoil, and as Hitler was invading Poland to begin a world war. He called his broker and requested to buy 100 shares of every company trading for under $1 per share. There were 104 such companies. Over the course of World War II, that investment went up 400%. While everyone else was battening down the hatches, Sir John was looking for opportunities.
—MSH, Penn Wealth