Mark Mobius’ Post

Many people think about building their wealth, but few think about building themselves. The best investment you can make is in yourself. If you're not healthy and not doing something you love, success will be hard to come by. So, make health your top priority and keep a bright outlook on life. Once you have that foundation, then you can start thinking about growing your wealth. I enjoyed my recent interview with Fortune India tremendously. Read it here: https://bit.ly/3xIapKz

As I’m gearing up to launch my new fund — the Mobius Emerging Opportunities Fund — in the coming months, I find myself rethinking the definition of “emerging markets investing”. The lines that once clearly defined these markets seem to be getting increasingly blurry. Today, many companies listed in the US and other developed markets are making a significant chunk of their revenue from emerging economies. This shift makes us question the traditional boundaries and rethink our approach. Read my latest blogpost: https://bit.ly/3VVfqZv

If I had to give a piece of financial advice to young people, I’d say: “resist the urge to splurge”. It doesn't matter how much money you make if you spend it all. Cherish your money, invest wisely and spend thoughtfully. And if someone calls you a penny-pincher for being smart with your money, take it as a compliment! The reality is, you’re not truly free until you've achieved financial freedom. My new book The Book of Wealth is now available nationwide across India: https://bit.ly/3z7dLqU

I look forward to virtually participating in the MoneyShow Masters Symposium Las Vegas this August. I'll be speaking on August 1 about emerging market opportunities and risks, geopolitical developments, currency movements, and general stock market trends. Hope to see you online! Event details: https://lnkd.in/gZwHsYPg My discount code: SPK20

I was in Hong Kong last week and I was asked more than once if I share the same sentiment with some critics that the city as an international financial hub is “over”. To be honest, I was slightly taken aback by the amount of pessimism currently surrounding Hong Kong. Considering I was born just before World War II and grew up during the Great Depression, it’s not hard to see why I’m an eternal optimist. From an investment standpoint, it’s never a good idea to write off the potential of any city or country. For me, as a fund manager who is constantly on the lookout for undervalued stocks to invest in, no market is ever really out of the game. Having said that, as with anything in life, if you don’t move with the times, you risk getting left behind. In dropping its colonial baggage, Hong Kong must reinvent itself and make better use of the strengths it has cultivated over the years. Read my latest blogpost here: https://bit.ly/4c8tUe6

It’s always great to be back in Hong Kong, one of my favorite cities. I’ve had numerous productive meetings here, including one with Hong Kong Exchanges and Clearing Limited (HKEX)'s new CEO, Bonnie Y Chan. I was incredibly impressed by all the updates on the Hong Kong stock market and on China in general that she so eloquently shared. Exchange Square, where HKEX is located, always makes me nostalgic because it's where I started my fund management career in 1987. The energy of this city is incredible, and I’m thrilled to see the stock market here flourish again.

Very happy to announce that The Book of Wealth: A Young Investor's Guide to Wealth and Happiness — my latest book and the first one published by Penguin Random House India — is now available for pre-order. The book will be available at all major retail stores across India from May 30, 2024. Happiness can be an abstract and elusive thing, not necessarily tied to how much money you have. Through this book, I hope to share with young people not only ways to create and preserve wealth but also my thoughts on what true happiness means. https://lnkd.in/etTEVsgB