num_pages: 422
description: It's a wild, wild world out there. In Europe, Asia and elsewhere, new markets are exploding, with fortunes being made overnight and profits on overseas investments predicted to far outpace American returns. This all spells opportunity for both the experienced investor and the beginner. So strap yourself in for the ride of your life. Mark Mobius, the Indiana Jones of global investing, is handling you a . . . PASSPORT TO PROFITS. Mobius has been proclaimed "the king of the emerging market funds" by the Wall Street Journal and "the ultimate road warrior" by USA Today. His six Franklin/Templeton funds control billions in assets and have ranked among the top performers in the '80s and '90s. Now, in a globe-trotting tour from the Baltic coast to Brazil, he reveals his own experience-tested guidelines for investing abroad. Analyzing companies and new markets, searching for booby traps and overlooked values, crunching numbers and meeting the local players, Mobius shows you how to put your money where the true growth is. And it's not all that difficult, because his investment philosophy is based on one central, indisputable fact: The rest of the world economy has far more potential for growth than our own.Discover everything you need to know about: • Privatization and deregulation―the two most powerful forces in the emerging markets• How to pick the industries and companies that will survive "rough weather" and prosper• How to predict which countries are the likeliest to do well in the next decade• Closed-end funds and open-end funds―which ones are right for you• ADRs (American Depository Receipts)―the easiest way to play individual foreign stocks.The most adventurous―and honest―book ever written on the art and science of investing, PASSPORT TO PROFITS gives you the hands-on experience you need to balance the risks and reap the rewards of global investing―from the comfort of your own home.Mark Mobius manages the Templeton Emerging Markets Fund and numerous other funds for the Franklin/Templeton Group. He has master's degrees and doctorates in fine arts, psychology, political science, and economics from Boston University and the Massachusetts Institute of Technology. Stephen Fenichell is a nationally published journalist and the author of Plastic: The Making of a Synthetic Century and Other People's Money."Filled with crisply written secrets and tough, understandable rules . . . . In olden days locating buried treasure required a pirate's map. Today it's as easy as buying this book . . . . For anyone who's ever invested in the stock market or who's ever thought about it, PASSPORT TO PROFITS is a must for your bookshelf. One man rules the financial world of overseas emerging markets: Mark Mobius."―Robin Leach, creator and host, Lifestyles of the Rich and Famous"One of the world's most insightful international investors tells why the crisis in emerging financial markets has created an extraordinary buying opportunity. Mobius's rules provide solid blueprints for investment success."―Burton G. Malkied, author of A Random Walk Down Wall Street and Global Bargain HuntingAlso Available as a Time Warner Audiobook.
language: English
title: Passport To Profits: Why The Next Investment Windfalls Will Be Found Abroad―and How To Grab Your Share
titlecomplete: Passport To Profits: Why The Next Investment Windfalls Will Be Found Abroad―and How To Grab Your Share
genres: Finance
ratings_count: 47
publisher: Warner Books