The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Mark Mobius predicts India's GDP will definitely overtake China's GDP
“Oh yes, definitely. Because you're seeing China's growing at, let's say two or three percent India's growing at seven percent definitely India will overtake China.”
Mark Mobius predicts India will become a major high-end semiconductor producer
“Right now, India is a global leader in software, but it will become a leader in computer hardware. It will become a major producer of high-end semiconductors.”
Mobius: The world will not enter a global recession anytime soon
“I don't think the world is going to go into recession anytime soon simply because there's just too much going on, too much growth going on. Of course, you will have downturns from time to time, but these will be temporary. That will not be something that will …”
Mobius: More Indian companies will list in the US as they expand
“And I believe more and more Indian companies will be listed in the U S as they grow. And as they expand globally, that's already beginning to happen.”
Chinese citizens hold 80% of assets in property, hurting domestic stocks
“Most Chinese have, I would say, 80% of their assets in property. So when property prices go down they're not going to be buying stocks.”
Mobius: Local investors, not foreign capital, drive the Chinese stock market
“A lot of people think that, you know, the Chinese market is influenced by foreign investors, but that's not the case. It's really the local investors that drive the Chinese market.”
Mobius: India will see many high-earning, high-cap IPOs
“Now, it's becoming more and more interesting, and you're going to be seeing many IPOs coming into India, many very high Earning IPOs and very high cap IPOs, which will provide an opportunity.”
Mobius: Emerging markets grow at double the rate of developed nations
“No, because the US is not growing at seven percent like India and like other countries. The great thing about emerging countries, emerging markets, Is that they're growing at a fast pace, double that of the US and developed countries.”
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'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 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.”