The following interview is part of The Phillips Conversations, hosted by Scott Phillips of Templeton and Phillips Capital Management.

MOI Global has partnered with Templeton Press to bring you this exclusive series of conversations on investing and the legacy of Sir John Templeton, one of the greatest investors of the 20th century.

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About the interviewee:

Lawrence A. Cunningham is an American scholar, an author of corporate governance and investing books, and the Henry St. George Tucker III Research Professor of Law at George Washington University.