Hi my name is Lewis Howes and welcome to the Daily Motivation Show.

In the book I was really excited to hear you talk about you say the secret to wealth is gratitude

someone in the book it says that and I think maybe it was someone else you were referencing

yes it came from Sir John Templeton. And every day I practice gratitude.

When I wake up and every night, I always try to say to my girlfriend

or someone I'm talking to before I go to sleep.

Three things I'm most grateful.

It's great.

Now why?

So I was pleased to see that.

I was like, I'm on the right track if I'm living in gratitude, but why is that the secret to

wealth?

Sir John Templeton is probably one of the greatest investors in history.

People don't know his name.

He start out with nothing. He wasn't sir and he wasn't from the country

kicked in the US and he decided that he wanted to understand wealth and so he saved $10,000 huge amount of money in those days. And when Hitler invaded Poland, he developed a belief.

His belief was, you make your money in times of maximum pessimism.

Like if you were around in 2008-9, you remember what was like right you could have bought you know the

sands in Las Vegas you could about their stock for $2.28 today at $67.

It's a 3,000 percent return. Not bad. You could have bought Citibank for less than a buck. And so what he did was that everybody thought the world was going to end, he took $10,000. He bought every stock on New York stock exchange that was a dollar or less including companies everybody thought were going bankrupt

but when things are bad people think it's going to be bad forever when things are good

they think it's going to be good forever and they're always wrong life cyclical so there's a

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