John Templeton is a crazy optimist!

John Templeton is a supremely optimistic investor who, thanks to his faith in people and a promising future, was able to earn billions of dollars. Most interestingly, John Templeton is not only a great trader and investor, but also a philanthropist and one of the most influential people in the world.

John Templeton's success story is one of the most fascinating, so after reading his biography, you might see yourself in it and never stop on your path.

John Templeton was born in 1912 in Winchester, Tennessee. John was no stranger to poverty, growing up in a large family with four other children—three sisters and one brother.

The father worked as an ordinary shoemaker, and the mother was a housewife and was engaged in raising children.

The family was desperately short of money, so all the children wore clothes from wealthier children on their street. Even as a child, John dreamed of breaking out of this vicious circle and dreamed of studying. Like his mother, John was a very religious man. One day, missionaries came to his school with stories, telling him about how people live in different countries and cities.

A very young John decides to see the world with his own eyes, but tragedy strikes and his mother becomes gravely ill. His dream fades into the background, and John is forced to work hard to provide for his family and his mother's medical treatments.

Training and the path to becoming a trader

Endless hard work and a meager salary forced John to seriously consider education. John's choice became clear, and he enrolled in the economics department at Yale University. At the time, various secret student fraternities were very popular, so he immediately became an active member of one.

John Templeton was a very bright student, so after graduating from university, he received a scholarship and entered Oxford to study law. Like all students, John was a gambler, so he developed a strong passion for poker, which taught him to carefully weigh his risks.

Wall Street Career

John entered the stock market in 1937 after graduating from university, and by 1939 he had already distinguished himself with phenomenal abilities. At that time, military action was rapidly escalating in Europe, as World War II was engulfing more and more countries.

John, a rabid optimist, understands that the war can't last forever, and that the stock market's decline and devastation will soon be followed by a resumption of growth. So he decides to borrow $10,000 from his boss and buy cheap stocks priced at less than a dollar.

At the time, the markets were plummeting, but John Templeton's instincts told him the bottom was near. His speculations earned him four times his investment, so he successfully got out of debt and decided to take the next step in his career.

John Templeton decided to establish his own private fund, and in 1954, the investing world learned of the opening of Templeton Growth, Ltd. John was so committed to his idea of ​​buying stocks with low market caps that many investors didn't even believe in the fund's future.

And that was a shame, because by 1999, every $100,000 invested had grown to $55 million. The fund grew by leaps and bounds, and John's successes were nothing short of astonishing. Just look at the story of Leroy Pasley, who invested $60,000 in the fund and, forty years later, his capital was $37 million.

After selling the subsidiary funds bearing his name, John Templeton earned $440 million. At the age of 95, John passed away, leaving behind a multi-billion dollar fortune.