John Templeton

"The Greatest Stock Buyer of the Twentieth Century" by Money, John Templeton, was famous for his extraordinary approach to investing. For example, in the late 1930s, when Europe was on the brink of war, he massively bought up shares of companies worth less than one dollar. In general, during this period, John Templeton acquired securities of more than a hundred enterprises. Subsequently, only four of them went bankrupt, while the rest brought a considerable profit to the investor. Such optimism and belief in people's capabilities characterized not only his economic views. As a wealthy financier, in 1972 he established a prize for scientific confirmation of the spiritual side of life, thus attempting to reconcile science and religion. The desire to understand the world is reflected in John Templeton's book The World Laws of Life, whose reading will help to feel positive and faith in goodness.

Biography of John Templeton

The full name of the investor and philanthropist is John Marks Templeton. Born in Tennessee in 1912, he was born in Tennessee. While the success stories of many financiers began in poor families, Templeton was luckier. His father was a large entrepreneur who made money from agricultural products. Obviously, it was from him that the future investor inherited the business acumen. In turn, from his mother, who was a devotee of Presbyterianism, he received a penchant for charity and the search for spirituality. While studying economics at Yale University, he was a member of the Elihu community. Many members of this student group later became figures of politics and the arts. After graduating from Yale with the best grades on the course, he secured a scholarship to Oxford, where he studied law and got acquainted with one of the greatest directors of the 20th century Michelangelo Antonioni.

Like his mother, John Templeton was a religious man: professing Presbyterianism, he was also a member of the Society of Trustees of thetheological seminary at Princeton. He was also involved in her leadership for a long time. As for his financial activities, the "formula of success" J. Templeton became an international diversified mutual investment fund. In fact, many consider him the first investor to earn a multibillion-dollar fortune in this area. In addition, he was one of the first investors to invest in the Japanese market in the 1960s. During his years of managing the Templeton Growth Fund, which he founded in the first half of the 1950s, he achieved an annual return of more than 14%. On average, out of every $10,000 he was entrusted with during his time running the company, he made $2 00,000,000. In 1992, templeton Growth Fund was sold to Franklin Group.

By the late 1960s and early 1970s, John Templeton had taken dual citizenship (The Bahamas and Great Britain), thus abandoning the American. During the same period, he moved to the Bahamas capital, Nassau, where he lived until his death in 2008. The reason for the change of citizenship and residence was too high taxes for U.S. citizens.

Like John Bongle, John Templeton is among the top 100 most influential people according to the Times. In addition to supporting the seminary and the award it founded, he made considerable donations for the development of education – in particular, significant funds were allocated for Oxford. Thanks to his philanthropic work, he was awarded a knighthood in 1987. Unlike John Templeton's translated World Laws of Life, buying or downloading other books on Russian is not so easy. In general, John Templeton's books are devoted rather to the search for the meaning of life and happiness, but, nevertheless, they are popular in the circles of economists. As for his views on stock trading and investing, he was a proponent of fundamental analysis.

Books by John Templeton

  1. Templeton John World Laws of Life download
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