"However, I’ve found the best strategy related to this issue with the famous [[John Templeton]]. **He would replace one holding in his portfolio only when another holding was 50% better than the first one**." ([Location 4182](https://readwise.io/to_kindle?action=open&asin=B07CNFFJ9J&location=4182)) --- **Tags** -- [[quotes]], [[value-investing]] **Source** -- [[202506221723 - LN - Modern Value Investing]]