Mobius on Emerging Markets

by Mark Mobius

Book Overview

As recent events have shown, emerging markets can be the source of both investment opportunity and risks for the unwary investor. Now is the time to deploy a sound understanding of emerging economies... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0273622846
• ISBN13: 9780273622840
• Release Date: January 1996
• Publisher: FT Prenticehall
• Length: 386 Pages
• Weight: 1.75 lbs.
• Dimensions: 1.3" x 6.4" x 9.4"

Customer Reviews

More interesting in the context of increasing globalization

Mobius is certainly a guru for people like me who do analysis on emerging markets. People were questioning the viability of emerging markets investing as an asset class just a couple of years ago due to contrast between the boom of US equity market and the gloomy performance of MSCI. Doubts also come from the debate on the "high alpha or just high beta". Some even go further to say that "either the companies (in emerging markets) have been integrated into global markets or the companies are not worthy at taking a look at all". So what's the virtue of investment market as an asset class? Does it matter? What kind of investors are the fit for this asset class? How?I am a firm believer in what Charles Ellis as well as David Swensen have said about the alternative investments philosphy. In "winning the loser's game", Ellis eloquently, humorously while ruthlessly concluded that "it is harder and harder to beat the market" for market is yourself or people like yourself. It is a pity that he didn't talk about emerging markets. Mobius went on to explore the markets to share the knowledge on this young while dynamite asset class. It is still too early to draw a conclusion on this-we'll wait and see. Nevertheless, It is great that somebody is there waving to you and say "hay, you might want to try this and it is fine".

An Interesting & Enlightening Insight to Emerging Markets

Mobius on Emerging Markets demonstrates that the author is more than just a fashion guru. The book is a well-written and compelling read; I read nearly all the 364 pages in one day. It is logically structured and gives the reader an enlightening introduction to emerging markets; this is supported with clear graphical and tabulated statistics.The book is divided into three Parts:1) Emerging Markets Origins of Emerging Markets Macro Economic Trends in Emerging Markets2) Country ReviewsEmerging Market Overview (Africa, Asia, Latin America, Middle East, Southern Europe)3) InvestmentInvestment Strategies and Investments Evaluating Stock Picks Stock Exchange Characteristics Risks My View on Emerging MarketsAlthough I was initially sceptical of Mark Mobius I must thoroughly recommend this book and congratulate Mark Mobius on his well-deserved success.If you are considering investing in emerging markets `Mobius on Emerging Markets' is his best advertisement yet.