Learn how to find good value companies from an emerging markets guru.
A market collapse lays the foundation for the next boom.
What are the principles of global investment?
A pioneer, Dr. Mark Mobius, ventured into unknown rough seas 16 years before the launch of BRICs Funds. He joined Templeton in 1987 as president of the Templeton Emerging Markets Fund with assets under management totaling US$100 million. Now his team manages about US$40,000 million. That's a growth of 40,000% over the last 20 years. He still travels the world spending over 200 days a year to find good companies that may be unknown to others. He is regarded as one of the most successful emerging markets investors in the last 20 years. Moreover, he and his team have received over 100 accolades by international entities such as Micropal, Standard & Poor’s, Morningstar, CNBC, and Reuters. Mark and his team have conducted over 16,000 company visits in more 100 different countries in the last 20 years to “kick the tires” and find the most attractive investments. The secrets of his investment are…
- Finding companies with good earning prospects for the next five years and selling at low prices. – Long-term value investment
- Diversity – many eggs and many baskets. – Global investing
- Choose companies, not countries. – Bottom-up approach
The key to his success in emerging markets is based on his practice of making on-site visits to companies. This is the illustrated biography of the pioneer of emerging markets.
When asked to reflect on what could be deemed a lifetime in emerging markets, Mark simply replied, “Despite spending so many years in these markets, there’s always something new to experience or learn."
Table of Contents
Prologue
Chapter1 The Bald Eagle
Chapter2 Emerging Markets
Chapter3 Lili Marlene
Chapter4 Columbus' Descendant
Chapter5 A Mouse in Asia
Chapter6 The Doll Business and His Ambition
Chapter7 Fateful Call
Chapter8 Templeton
Chapter9 Customers and Fund Managers
Chapter10 Russian Roulette
Chapter11 A White Elephant and A Bald Eagle
Chapter12 The Last Frontier
Epilogue
