Mark Mobius

15 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Oct 23, 2024 by Mark Mobius · across every show →

On the record as a speaker too: Mark Mobius's record, appearances and statements → this page counts the times other people say the name.

Everything said about Mark Mobius, oldest first

Oct 23, 2024 bullish
Disclosure
Taiwan and India are Mobius's top two country asset allocations
“Taiwan and India would be the top two followed by Korea. And then Turkey, Brazil, South Africa, those were the countries.”
Mark Mobius Oct 23, 2024 ▶ 19:55 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 neutral
Disclosure
Mobius exited most Chinese positions due to state-owned enterprise policies
“So that's the reason why we really exited most of the positions in China, but we're still looking at China. We think China still has great opportunities going forward.”
Mark Mobius Oct 23, 2024 ▶ 23:24 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Assertion Not checkable as stated
Mark Mobius clarifies he is a millionaire, not a billionaire
“By the way, I'm not a billionaire. I'm a billionaire, maybe in a Turkish lira, but I'm a millionaire, not a billionaire.”
Mark Mobius Oct 23, 2024 ▶ 15:36 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 positive
Disclosure
Mobius: China and Russia were historically his biggest winning markets
“China was a very, very big winner for us and Russia, by the way, we were invested in Russia and that did very well. Then only later that India started coming up and becoming important.”
Mark Mobius Oct 23, 2024 ▶ 18:40 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 positive
Insight
Mobius: Creativity matters more than studying finance to build wealth
“Creativity is a, really a critical part of earning money because If you're going to be successful in finance, you have to be creative. You have to be able to think of new things. You have to create new ideas. And so that background in art, you know, a lot of p…”
Mark Mobius Oct 23, 2024 ▶ 3:45 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Disclosure
Mobius managed $60 billion in assets across emerging markets at peak
“At one point, I was running sixty billion dollars in emerging markets.”
Mark Mobius Oct 23, 2024 ▶ 10:07 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 neutral
Disclosure
Mark Mobius allocates only 2% of his personal portfolio to startups
“Very small part. I would say only about two percent of the total. Very small. And that startups would be in startup funds. You know, it's companies funds that invest in startups.”
Mark Mobius Oct 23, 2024 ▶ 37:24 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Disclosure
Mobius discloses holding bank accounts across Singapore, Hong Kong, and Switzerland
“I have bank accounts in various parts of the world. Again, you have to diversify whether it be in Singapore or Hong Kong or in, in Switzerland you have to diversify your wealth.”
Mark Mobius Oct 23, 2024 ▶ 44:09 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 neutral
Disclosure
Mark Mobius became a millionaire during his thirties
“It was in my thirties.”
Mark Mobius Oct 23, 2024 ▶ 12:21 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Assertion Not checkable as stated
Mark Mobius's net worth was only $200,000 to $300,000 at age 50
“Probably at that time it was in the area of 200,300 thousand, like that.”
Mark Mobius Oct 23, 2024 ▶ 14:22 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Assertion Not checkable as stated
Mobius scaled his net worth from $10M to $100M in five years
“Oh, about five years, you know, that's it. Yeah. Because, you know, the market was doing very well. Things were going up and we were able to make good money.”
Mark Mobius Oct 23, 2024 ▶ 17:01 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 positive
Insight
Mobius: Saving cash and strictly avoiding debt is key to wealth
“One of the secrets I believe to becoming wealthy is learning how to save and not borrowing. I remember my father and mother always said, never borrow. If you're going to buy something earn the cash, save, and then buy, but don't borrow.”
Mark Mobius Oct 23, 2024 ▶ 3:00 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024 positive
Disclosure
Mobius allocates 20% of his portfolio to India and 20% to Taiwan
“The largest portion, about equal to India, Taiwan.”
Mark Mobius Oct 23, 2024 ▶ 25:40 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Assertion Partly supported
Only six emerging markets were open to foreign investors in 1987
“When we started that emerging markets fund the only markets were open at that time. Were Hong Kong, Philippines, Malaysia, Singapore Thailand, and Mexico. That was it. All the other, of course, that time, China was closed. Russia was closed. Most of Latin Amer…”
Mark Mobius Oct 23, 2024 ▶ 10:27 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
Oct 23, 2024
Disclosure
Mobius: Templeton hired him in 1987 to launch $100M emerging markets fund
“87 is when John Templeton hired me to start the very first emerging markets fund. That was a hundred million dollars listed in New York, and I opened a small office in Hong Kong to begin the research.”
Mark Mobius Oct 23, 2024 ▶ 9:41 Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show
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