As a young counterintelligence officer with the United States Army stationed in postwar Japan, Stephen Jarislowsky honed his investigative skills hunting black marketeers and rooting out Nazis from among the Germans living in the country. The posting also gave him his first exposure to the concept of governance. One day his unit picked up rumours that the wife of U.S. General Douglas MacArthur was attempting to influence the outcome of postwar reconstruction contracts. Chasing down that lead resulted in Mr. Jarislowsky’s unit being temporarily suspended. Years later, according to his 2005 book, The Investment Zoo, Mr. Jarislowsky would draw heavily…
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