Good investing advice is timeless, which is why this Wall Street Week with Louis Rukeyser interview with investing legends Peter Lynch and Sir John Templeton is well worth a listen more than two decades after it occurred.

In this segment, which was taped shortly after Lynch’s retirement from Fidelity’s Magellan fund in 1990, Lynch talks about two key mistakes many investors make: not doing enough research, and not staying disciplined over the long-term. Templeton, meanwhile, talks about the Efficient Market Hypothesis and the importance of being a contrarian. And both Lynch and Templeton talk about the futility of trying to forecast stock market and economic movements.

[youtube=https://www.youtube.com/watch?v=1r9kXM5-qUY]