The information you need to invest in emerging markets, in one Little Book The world's economies are in a state of flux. The traditional dominance of the G7 countries is being challenged by emerging market nations like Brazil and India, and while investment opportunities in these countries abound, the risks can be extremely high. In this Little Book, Mark Mobius, an internationally-renowned expert on emerging market funds, explains the ins and outs of emerging market investment, providing practical guidance on picking industries and companies likely to win, and explaining why policies and regulations matter as much as balance sheets, how to recognize global contenders, techniques for managing risk, and how to get out at the right time.The emerging markets are expected to be a key driver of future global economic growth, and with The Little Book of Emerging Markets in hand, you have everything you need to take full advantage of these incredible opportunities.Explains how to pick the industries and companies mostly likely to boom, why policies and regulation are key to making intelligent investment decisions, how to recognize genuine opportunities, and much more Includes invaluable techniques for managing your risk Shows you how to get your money in and out of emerging markets without being burned The Little Book of Emerging Markets is the perfect little guide to the world's most exciting investment opportunities.
The Little Book Series are a wonderful introduction for novice to intermediate investors on various aspects of investing. They are relatively short and devoid of complex mathematical formulas that cause readers' eyes to glaze over. Mr. Mobius is a very esteemed investor and I was hoping for a contemporary evaluation of emerging markets and some salient points on investing in emerging markets. Instead the reader is given a history lesson from prior investing decisions that aren't particularly relevant to today, aphorisms from Sir John Templeton, and if I should develop Alzheimer's disease I am sure one of my last memories will be Mr. Mobius's innumerable variations of "buy when other's are selling," "be greedy when others are fearful," etc. This is a terrible book and is by far the worst of the 10 or so books I have read in the otherwise enjoyable Wiley "The Little Book" series.
This book is definitely written with newbies to the concept of investing and economics in mind. It has the feel of an "investing for dummies" book. To me it had a lot of inconsequential parts and I often found myself thinking, "What is the author's point of telling me this?" With this said I did find a few gems of information that will help me with my research, so reading this was not a waste of time, and the author did achieve his objective of showing that volatility is not a purely negative concept. Volatility can be a sign of opportunity and therefore, should not frighten investors but excite them. Additionally, this book is a very quick read. I read the book in a few hours, somewhere between 4 & 6 hours.
Exactly what you'd expect from the "Little Book" series, Mobius gives an easy-to-read rundown of the pros and cons of investing in emerging and frontier markets. One disappointment, however, was that the majority of "Field Notes" (excerpts from actual business trip memos) did not include company names.
Very good overview of an EM investing legend. The text does a great job of touching on investing basics, but highlights the challenges of currency, more dynamic macro-economics and how to go about winnowing down the list of countries, markets and industries for deploying capital in emerging markets.