In 1939, just as the Second World War landed on Europe's doorsteps, a 26-year-old American investor borrowed a then princely sum of $10,000 ($170,000 in today's dollars), in order to invest approximately $100 each in 104 Old-World companies. After holding those stocks for an average of just four years, he effectively quadrupled his money, netting himself a small fortune.
This was the start of nearly seven decades of successful investing that would see the young man from a poor family in Winchester, Tennessee, knighted by Queen Elizabeth, become a billionaire, and earn wide recognition as one of the world's foremost authorities on global investing.
His name? John Templeton.
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