Watching last night’s Grammy Awards, I was once again reminded of many things. From Faith Hill’s “Don’t Hurry … But Don’t Wait” to the magic of Michael Jackson and his pile of awards. But for some reason, I was reminded distinctly of Mother Theresa. Did you know that Mother Theresa won the inaugural Templeton Award? In this feature from August 2008, we honored the legacy of lifetime achievement in investing by one Sir John Templeton.
One World, One Dream
Sir John Templeton gave us a legacy of long-term investing wisdom. Sadly, he passed away during July (2008) at the age of 95. A Rhodes Scholar, his adventures spanned the globe — seeking opportunity independent of domicile. His religion and philanthropy were very important to him. Did you know that Mother Theresa received the inaugural Templeton award, valued at $2 million? The monetary award is what it is because Sir John always wanted his faith-based awards to be worth more than the Nobel Prize. Inspired by MANIFEST subscriber Frank Bower, let’s take a look at some of Templeton’s guiding principles.
Over the years, Sir John Templeton published a number of articles and made speeches about his investing principles. This list was culled by John Christy from memories of working with Templeton for Forbes. Let’s visit these themes in our own words and methods.
For more: One World. One Dream.