When Hitler invaded Poland, John Templeton borrowed money and told his broker to buy $100 of every stock trading below $1.
There were 104 of them.
The broker called back with a problem: 37 were already bankrupt.
Templeton told him to buy those too.
He believed that if America entered a major war, even companies considered nearly worthless could return to production. One of the positions was Missouri Pacific preferred stock. It had fallen from $7 to 12 cents and had not paid a dividend in years.
Templeton bought roughly 800 shares for $100.
When the position reached 40 times his purchase price, he sold. The stock later climbed to $105.
That trade became an early version of the philosophy behind the Templeton Growth Fund, where $10,000 invested at its 1954 launch reportedly grew to roughly $2 million by the time he sold the business in 1992.
In this rare Charlie Rose interview, Templeton explains that bargains do not appear because the market calmly calculates fair value. They appear because frightened owners are desperate to sell.
His job was to determine whether the pessimism had pushed the price below what the business could eventually earn.
He compared earnings, growth, dividends, book value, and competitors. If similar companies traded at 25 times earnings while one credible business traded at five, that was where the research began.
Templeton became a billionaire by buying assets other investors were emotionally unable to hold.
This interview explains the arithmetic beneath the contrarian mythology.
Sam Altman (CEO of OpenAI):
"You no longer need to write prompts."
In just 38 minutes, he explains how to use ChatGPT at a level that most people can't even imagine.
It's a talk he gave to Stanford students. A friend sent me the recording last night.
After watching it, I realized I was only taking advantage of about 15% of what this tool can really do.
Watch it in full and then read the guide I leave below on how to create a system that prompts itself.
Follow @AnishJaitwar for more
BNY MELLON JUST DISCLOSED ITS THIRD STRAIGHT $BMNR INCREASE
Bank of New York Mellon increased its BitMine position 335% in Q2 alone, adding 1.16M shares.
🔹 Q4 2025: 254,750 shares (+497.88%)
🔹 Q1 2026: 346,451 shares (+36.00%)
🔹 Q2 2026: 1,507,787 shares (+335.21%)
Its position has grown from just 42,609 shares to 1.51M shares across those three quarters.
That’s more than a 35x increase.
First BlackRock. Now BNY Mellon.
Another major institution has reported three consecutive quarterly increases in its BitMine position.
$BMNR $ETH
A TEAM OF AI RESEARCHERS JUST OPEN-SOURCED THE BLOOMBERG TERMINAL FOR QUANT FINANCE.
A Bloomberg Terminal costs $25,000 per year per seat. Banks pay for thousands of them.
This thing reads every quant paper, every financial blog, every SEC filing, every arXiv preprint, and turns it into a searchable knowledge base. For free.
@condepalatino@The__Mustached Hhhhhh Stupid Spaniard making a stupid comment. Not a surprise. Nothing new here. The Spaniards are as stupid and ignorant as they sound hhhhh
@condepalatino@The__Mustached Well just in case you didn't know there are 1 million Moroccan Israelis in 🇮🇱 and many more Moroccan jews in Morocco and all over the world. Yeah so Moroccans come in different races and religions and ALL OF US love our country 🇲🇦
ANTHROPIC ENGINEER EXPOSED THE BIGGEST MISTAKE EVERYONE MAKES WITH CLAUDE:
“YOU’RE NOT SUPPOSED TO PROMPT CLAUDE. YOU’RE SUPPOSED TO BUILD A SYSTEM THAT PROMPTS ITSELF.”
IN JUST 45 MINS SHE REVEALS HOW ANTHROPIC BUILDS AGENTS THAT REMEMBER EVERYTHING, LEARN FROM EVERY FAILURE, AND GET SHARPER WITH EVERY SINGLE RUN.
THIS FREE SESSION > ANY PAID AGENT COURSE YOU’LL EVER TAKE.
WATCH IT NOW!
@Sr_Donze The real question here: why would Columbia Antagonize Morocco over an imaginary conflict? God forbid Columbia looks for its best interest and its citizens best interest? That's what EVERY SINGLE ON EARTH WOULD DO BTW But your obsession with 🇲🇦 .... STAY SALTY MY FRIEND
Warren Buffett:
“Nunca he sido capaz de predecir los tipos de interés, y nunca lo he intentado.”
“Charlie [Munger] y yo intentamos centrarnos en lo que se puede conocer y es importante. Los tipos de interés son importantes, pero no creemos que se puedan conocer con certeza.”
“Mi círculo de competencia no incluye la capacidad de predecir los tipos de interés dentro de un día, de un año o de cinco años.”
If you're buying Berkshire Hathaway today, you get approx:
$170/share in cash
$151/share in stocks
$216/share in op businesses
Implied PE is 11x
$BRK.B
Warren Buffett: "There is always going to be some news — good or bad — every day."
"If you go back and read all the papers for the last fifty years, probably most of the headlines tend to be bad. But if you look at what happens to the economy, most of the things [that] happened are extremely good."
(CNBC || 2020)
⚡️"#المغرب لم يعد يرحم".🦁🔥
✔اذكر لي رئيسين أفريقيين؟".. سؤال بسيط فضح هوسهم بالمغرب!🔥
✔محمد مغربي مقيم ب #اسبانيا يصدم إسبانياً بحقائق عن إسبانيا والمغرب! 🇲🇦💥
🗣من بودكاست "Red Pill Podcast" محمد في مواجهة الناشط الإسباني دا his/David Santos.
#سبتة_المحتلة#سبتة_ومليلية