As we explore the topic of morality and the markets in our spring blog contest, we will highlight John Templeton’s favorite “Laws of Life” as referenced in The Templeton Plan in our next few posts.
Altruism is a law of life. The altruistic person tries to make our world a better place to live in. There are medical researchers who have improved our lot by discovering penicillin or insulin. Every person—each in his or her own way—can make the world a better place. Those who search for success and happiness will find a way. One man makes the world a better place by developing his farm with more modern agricultural methods. Another man, a widower, raises his six children on his own. They love him so much that, when they marry, they live near home so that the family needn’t split apart. That man made the world a better place by loving his six children. They had the benefit and warmth of his love, and that is a form of riches that is always passed on.
The altruist discovers an individual way to make the world a better place than it was before. It may be because he writes a book. Or because she paints a picture. Or because he rears his children with intelligence and compassion. Or because she invents a new cooking recipe. Or because his life serves as a shining light for others. There are large and small ways to make the world a better place, and all the paths, as different as they may be, lead to success.