Mark Mobius on Emerging Market Funds

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.4 • 2.2K Ratings

🗓️ 10 June 2022

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg Radio host Barry Ritholtz speaks with Mark Mobius, known as “the Godfather of Emerging Markets,” who has spent more than 40 years working in and traveling throughout developing economies. Prior to launching the eponymous Mobius Capital Partners in 2018, he served as executive chairman of Franklin Templeton Investments’ emerging markets group, which he helped to grow from $100 million across six markets to more than $40 billion in 70 countries. Mobius has a Ph.D. in economics from MIT and has authored 12 books.

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0:00.0	What does it take to truly disrupt an industry? How do you overcome the fear of failure?
0:06.0	When is it time to take a risk?
0:08.0	I am Bob Pittman, Chairman and CEO of I Heart Media, and these are the kind of questions we explore on my podcast, Math and Magic,
0:16.0	Stories from the Frontiers of Market.
0:19.0	This season I sit down with some of the most unique thinkers to swap lessons and stories on making our work bigger and better.
0:26.0	We'll hear from business leaders like Christian Joel, Global CEO of Group M.
0:31.0	It's really important to hear your people realize it's okay to fail.
0:34.0	And it comes out of Silicon Valley. Fail fast, get smarter quick.
0:37.0	Susie Deering, CMO for Motor Company
0:40.0	We are at that moment when it all changes, and I think that a big part of the why we're at that moment is because of the F-150 Lightning. It changed everything.
0:49.0	Steve Cooper, CEO of Warner Music Group
0:52.0	Technology is like an Apple Lounge. You either get out in front of it or it's just going to bury you.
1:00.0	Listen to Math and Magic on our very own free I Heart Radio app, Apple Podcast, or wherever you get your podcast.
1:10.0	This is Master's in Business with Barry Redholz on Bloomberg Radio.
1:16.0	This week on the podcast, I once again have an extra special guest and I really mean an extra special guest.
1:25.0	Dr. Mark Mobius is a legend in the world of emerging market and frontier investing.
1:32.0	He's one of the first people, first Americans who went out and actually started kicking tires and looking at various companies all around the world.
1:42.0	He's been doing this so long that when he first began, there were only six investable countries that you could put your money into.
1:53.0	The rest of the world either didn't have public companies or public markets.
1:58.0	You couldn't get cash in and out. There weren't custodians. It's amazing that this is the guy that essentially created EM.
2:07.0	There were a couple of other folks doing something like this, but no one quite the way that Dr. Mark Mobius did.
2:14.0	I found this conversation to be absolutely fascinating. I had like another three hours worth of questions for him.
	...

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