Growing Rich - Arabictrader.com

FOREWORD
I started investing when I was 14 years old. That’s when my father
bought me shares in the Templeton Growth Fund, explained how the
fund worked, and showed me how to look up its price in the daily
newspaper. While that gift didn’t cause me to stop reading Boy’s Life
in favor of The Wall Street Journal, it did make a lasting impression.
By giving me this fund, my father not only introduced me to Sir
John Templeton, one of the twentieth-century’s greatest investors,
but he also established himself as an important role model. He taught
me that investing was a part of his life and could be a part of mine,
too.
In time, I came to see investing as an activity for all responsible
adults. By setting aside today’s gratification to ensure tomorrow’s
well-being, we demonstrate our maturity. These are hard lessons to
learn. The temptation to spend today is always great. I’m constantly
reminded of this lesson as I watch my sons grow up. Seeing the world
through their eyes reminds me of how many messages we receive on
how to spend and consume. Commercials, fast-food promotions, the
toys of friends - all send countless messages about the instant gratification
of consumption.
Apart from me, I often wonder where my sons will get lessons on
the discipline of saving and investing.
Too many of us grow up without investment role models. The
subject rarely comes up even in schools. We spend a lifetime finetuning
our shopping skills, but we don’t work nearly as hard at our
investment skills. The same person who will drive across town to save
50 cents on a six-pack of cola will throw thousands of dollars at a
stock or a mutual fund on the basis of a hot tip or an unsubstantiated
rumor. We are, despite much well-intended educational efforts, a
nation of investment illiterates.
We need help. We need role models.
That’s where Kirk Kazanjian’s Growing Rich with Growth Stocks
comes in. Kirk has gone right to the best investment role models out
there: top, time-tested managers such as Don Yacktman, Liz Bramwell,
and Shelby Davis. These experts share their secrets with Kirk, who in
turn has translated their collective wisdom into a sound agenda for