Profit Passport: The Investment Bible of the "Father of Emerging Markets"

Author: (American) Moebius
Publisher:
Publish Date: 2005-09-01
Features: Why will the next myth of successful investment occur abroad? How should you seize the opportunity and uncover everything you need to know? This is a crazy world. Emerging markets are surging in Europe, Asia, and other regions, with a few people getting rich overnight. People expect that profits from overseas investment will far exceed those from domestic investment. This holds true for both experienced investors and beginners. However, opportunities and challenges coexist, and emerging markets are fraught with risks. Yet, with the "profit passport" of the "pioneer" in the international investment world, Mark Moebius, you can navigate the emerging markets with ease. In this book, you will follow Mark as he travels from the Baltic coast to Brazil, immersing yourself in the unique cultural landscapes of emerging markets. By analyzing target companies and market conditions, identifying traps and overlooked values, handling various data, and meeting local players, this book will show you how to invest in places where profits can truly grow. As the most thrilling and practical book on the science and art of investing to date, it provides the practical experience you need to balance risks and achieve substantial returns through global investment from the comfort of your home.
Moebius's Investment Principles:
Diversification is your best shield. If you want returns, you must take risks. Patience brings greater rewards. Wait for panic, then calmly buy. The best time to buy is when everyone is crying "blood in the streets." But when you can see the light at the end of the tunnel, it's already too late to buy (or sell).
When investing in any country, it is crucial to consider its cultural characteristics. Strict "objective" or technical analysis of a company's condition can be misleading. But being on the ground is different. You cannot invest in a country without examining its stock exchange. Look for companies that have not yet been privatized or are only partially privatized.
Mark Moebius is the master of the financial world of overseas emerging markets. In ancient times, to find buried treasure, you needed a pirate map; today, all you need is this book—and that's it. For anyone who has invested in the stock market or ever considered it, The Profit Passport is the must-read on your bookshelf. —Robin Leach, creative and host of "Wealthy & Famous Lifestyle."
Today, the world's most insightful international investor will tell you why crises in emerging markets create a perfect buying opportunity. Moebius's principles lay a solid foundation for successful investing. —Burton G. Malkiel, author of A Walk Down Wall Street and The Global Trader.