“Sir John Templeton was the first American investment manager to pursue investments in foreign markets. He chose Mobius as his general to lead the Templeton Emerging Markets Fund, which invested heavily in dozens of emerging and frontier markets years before most other funds got a clue.
My fave quote:
“All markets, being based more in mass psychology than objective reality, have a tendency to overshoot and undershoot economic growth rates. Judging the influence of irrational emotion is, by the way, the way we make most of our money.”
Mobius, by the way, was the keynote speaker for the Asia Pacific Investment Conference 2009 at the Renaissance Hotel in Makati City, Philippines.
Paris E. M. Murray