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John Templeton 1912-2008

| 8 July 2008 09:47

We have lost one of the greatest stock pickers of all time. John Templeton passed away today.

Global investor and philanthropist John Templeton has died at a hospital in the Bahamas.

Spokesman Don Lehr said Templeton died Tuesday from pneumonia. He was 95.

Templeton created the John Templeton Foundation in 1987 to encourage scientific research. The foundation has an estimated endowment of $1.5-billion (U.S.) and awards some $7- million in annual grants.

Mr. Templeton was a naturalized British citizen who lived in Nassau. He was knighted in 1987 for his philanthropic accomplishments. He is survived by two sons, a stepdaughter, three grandchildren and three great-grandchildren.

-Globe & Mail, 8 Jul 2008

Templeton was a truly amazing investor and philanthropist. The entries on Investopedia and Wikipedia do a good job of catching the highlights.

Godspeed.

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

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