QS Energy Inc (QSEP)

[moorea9]

Letter of John Templeton, one of the greatest investors of all times, to his customers, june 1950

--------------It is interesting to note that the wide decline in stock price yesterday took almost 4 billion dollars off the paper value of all stocks on the Stock exchange. However, the total shares which changed hands yesterday represented only 7/40th of 1 percent of all the shares listed on the exchange. Also, it is interesting to reflect on the fact that , whereas 3,910,000 shares were sold yesterday, there were also 3,910,000 shares bought yesterday; and possibly the purchasers may be more intelligent than the sellers.------------------