Wednesday, December 3, 2008

Teach

Vivian is back from Tokyo and I went to the airport to meet her. On the way I was reading "Investing the Templeton Way" - it was my birthday present from my sister.

The book is so so, but a story of this pioneer of global investment is remarkable:

When the later-to-be great investor was in his high school days, he was convinced that Yale was the best university. Given his excellent grades and all that, there should be no problem to get entrance. To his amazement, however, he found that the admitting examination of Yale included a paper of 4th grade mathematics - a subject not taught in his own high school.

The determined student made his first move - he went to see his headmaster and seek for advice.

"We need at least 8 students for a class."

In no time Templeton persuaded eight friends of his to fulfill the quota and take that class.

"And we have no suitable teacher."

The fans of Yale was not easily moved, "I shall teach that class !"

To the credit of the headmaster, he put up green light.

And the rest is history.

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