The Billionaire Bears Club

by JL Yastine
The Sovereign Investor

I never had the privilege to interview the famous investor Sir John Templeton. But one of my own financial mentors did.

Some of you may remember the name of Paul Kangas. For three decades, he was basically the “Walter Cronkite” of financial television … long before CNBC, Fox Business and Bloomberg joined the game.

I remember Paul flying out with a camera crew to interview Templeton at his home in The Bahamas, right at the height of the runaway housing boom. Asked his opinion of the U.S. stock market, Templeton said it was on “dangerous ground.”

How right he was.

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