The Wisdom of Lynch & Templeton

Here’s an oldie but a very, very goodie — a Louis Rukeyser interview with Peter Lynch and the late John Templeton. The exact date of the video (posted on YouTube by ValueInvestingPro) isn’t given, but the references to the troubles in Kuwait and Lynch’s retirement make it clear the interview took place in the latter part of 1990 or the beginning of 1991. Lynch and Templeton cover a variety of topics — from the efficient market hypothesis, to how to deal with market fluctuations and tough times, to the need to take a long-term perspective, to how to evaluate a stock. These two investing legends are as quick-witted as they are savvy about the stock market, and their advice is as relevant today as it was almost two decades ago.

[youtube=http://www.youtube.com/watch?v=5ak8snZBLaI&hl=en&fs=1&color1=0x2b405b&color2=0x6b8ab6]

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