John Train papers
Scope and Contents
The John Train Papers include the personal and professional papers of investment adviser, author, and international activist John Train. Included in the collection are papers related to his work at his investment firms Train, Cabot, and Associates and Train, Smith Counseling, his political appointments in Africa, Asia, and Central Europe under Presidents Ronald Reagan, George H.W. Bush, and Bill Clinton, his attempts to turn his father Arthur Train’s “Ephraim Tutt” stories into a television series, the Afghanistan Relief Committee, the Natural History Museum Development Trust, FRIAM (Friuli Arts and Monuments), Friends of Sikkim, the World Monuments Fund, and noted personal correspondence. The materials in the collection include personal and professional correspondence, agendas, reports both governmental and professional, committee and foundation information, fund contributions, articles both published and submissions by John Train, interviews and articles about John Train, and a small amount of photographs.
Individuals important in the collection include politicians, diplomats, activist, economists, lawyers, bankers, and military personnel. They include: Robert J. de Giacomo, Sir Leon Bagrit, Francis T.P. Plimpton, George Plimpton, Francis L. Kellogg, Lord Peter Bauer, Colin Campbell, Curtis Cate, Sonia Cole, Sir James Goldsmith, Nikita Lobanov, Tidal McCoy, Major Juan Diaz Castillo, S. William Green, Hugh Johnson, John Dimitry “Dimi” Panitza, Henry Regnery, Shamshad Ahmad, Evan Galbraith, Cyril Northcote Parkinson, Claiborne Pell, Arthur Train, and Shirley Temple Black.
Series I contains the chronological files of John Train from 1970-2003. Series II contains the correspondence of John Train from 1970-2003. Series III contains subject files. Note materials contained in these series overlap; original arrangement maintained. Series IV contains the writings of John Train. This series has 3 subseries: Series IV.I contains the published writings of John Train, Series IV.II contains unpublished submissions of John Train, and Series IV.III contains interviews with and articles about John Train.
Conditions Governing Access
Conditions Governing Use
All materials available in this collection (unless otherwise noted) are the property of the Monsignor William Noé Field Archives & Special Collections Center and Seton Hall University, which reserves the right to limit access to or reproduction of these materials. Reproduction of materials or content is subject to United States copyright restrictions and may be subject to federal or state privacy regulations. Permission to publish exact reproductions must be obtained from the Director of the Archives and Special Collections Center.
Biographical / Historical
John P.C. Train was born 25 May 1928 in New York City to Arthur Train, a district attorney in New York City and author of the popular “Ephraim Tutt” stories that appeared in the Saturday Evening Post in the 1930s and 1940s, and Helen Coster Gerard, daughter of JP Morgan partner Charles Henry Coster. He attended the Groton School, a college preparatory boarding school located in Groton, Massachusetts. He later attended Harvard University where he received his bachelor’s degree and master’s degree and was head of The Harvard Lampoon and the Signet Society.
In 1953, he co-founded and became the first managing editor of The Paris Review. He then set up a credit-rating agency in Greece, a consulting firm in Costa Rica, and a tire-retreading company in Guinea before serving in the Army Reserves as a Sergeant and first Lieutenant and then working in Wall Street. In 1958, he founded the New York investment firm Train, Cabot, and Associates, later Train, Smith Counsel, and currently Train, Babcock Advisors. During this period, he became principle owner of Chateau Malescasse, a Cru Bourgeois wine producer. He is also chairman of the Montrose Group, investment advisors and tax accountants, and is a director of a emerging markets mutual fund.
Train later became a trustee of FRIAM (Friuli Arts and Monuments) which funded the conservation of the art and monuments of Udine after the Friuli Earthquake, Italy, in 1976. In the mid-1970s, he became involved in the Friends of Sikkim, which worked to help the region of Sikkim become a part of India. In 1980, he helped establish the Afghanistan Relief Committee to provide medicine and food to the victims of the Soviet invasion, serving first as its treasurer and later as president. In the early 1990s, he helped establish and later became trustee of the Natural History Museum Development Trust in the United States, which helped fund improvements to the British Museum of Natural History. During this time, he also became trustee of the World Monuments Fund, which helps preserve art and architecture of international importance. He is founder-chairman of the Train Foundation, previously the Northcote Parkinson Fund, which since 2000 has annually awarded the Civil Courage Prize, a human rights award which is awarded to individuals who demonstrate "steadfast resistance to evil at great personal risk — rather than military valor." He was an original trustee of the American University of Bulgaria, opened in 1991. He is an overseer of the Whitehead School of Diplomacy and International Relations at Seton Hall University and is also a member of the Council on Foreign Relations and the International Institute of Strategic Studies (London). Train has two decorations from the Italian government for humanitarian work and is an officer of the (British) Order of St. John.
John Train is the author of 25 books covering financial and investment advising as well as humor, including Money Masters of Our Time and The Midas Touch: The Strategies That Have Made Warren Buffett "America's Preeminent Investor". John Train has written several hundred columns in the Wall Street Journal, Forbes, Harvard Magazine, London’s Financial Times, and others.
A descendent of an old New England family, he is a cousin of the late Senator Claiborne Pell, chairman of the Senate Foreign Relations Committee, and of Russell E. Train, head of the United States Environmental Protection Agency under Richard Nixon and founding trustee and former chairman of the World Wildlife Fund. He has four half siblings from his father’s previous marriage to Ethel Kissam. He married Maria Teresa Cini di Pianzano and has three daughters: Helen, who was married to the late Forbes editor Paul Klebnikov, Nina, and Lisa.
13 Linear Feet (, Approximately 2200 items.)
Language of Materials
John P.C. Train was born 25 May 1928 in New York City and was educated at Harvard University. He started several businesses, and founded the New York investment firm Train, Cabot, and Associates, later Train, Smith Counsel, and currently Train, Babcock Advisors. The John Train Papers include personal and professional correspondence, agendas, reports both governmental and professional, committee and foundation information, fund contributions, articles both published and submissions by John Train, interviews and articles about John Train, and a small amount of photographs.
The collection was arranged into series according to folder titles and groupings created by John Train. Series I, Series II, and Series IV are arranged chronologically, while Series III is arranged alphabetically by folder title. Series IV was further divided into subseries by the processing archivist. Original folder titles have been kept wherever possible.
Other Finding Aids
A detailed, item-level inventory was created prior to the accession of these materials by the Archives and Special Collections Center. This inventory is available for viewing in the A&SCC reading room.
Preservica Internal URL
Preservica Public URL
Immediate Source of Acquisition
Collection is the gift of John Train to the Archives and Special Collections Center in 2009 via the Stillman School of Business of Seton Hall University. Accession number 2009.054.
Collection was processed and finding aid created by Tracy M. Jackson and Dana Kappel in June-July, 2012.
- John Train papers, 1960-2003
- Finding aid created and encoded by Tracy M. Jackson and Dana Kappel.
- July 2012
- Description rules
- Describing Archives: A Content Standard
- Language of description
- Script of description
- Code for undetermined script
- Language of description note
- Finding aid written in English.