Mark Mobius: "Passport To Profits" – Plus FULL SALT Conference Coverage

Mark Mobius Speaking on a “Passport To Profits” panel at the SALT Conference.

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• Jim Chanos: Oil E&P Model in North America Isn’t Economic; Looking at Aramco; Cheniere Is ‘Dramatically Overvalued’; Was Short LC
• Stock Pitch Panel: Richard Chilton, John Lykouretzos (Hoplite), John Burbank, Jim Chanos
•  Kyle Bass, Leon Cooperman Diverge On Economy
• Sam Zell At SALT 2016: We Are Subsidizing Billionaires Buying Tesla Cars!
•  Ken Griffin On Lessons Learned From Early Years
• Nassim Taleb Has Mercy On Janet Yellen
• David Rubenstein: Surprised Macro Hedge Funds ‘Got It Wrong’ And More; Clinton Likely To Win
• Activism Panel: Scott Ferguson, Cliff Robbins, Jeff Smith
• Michael Lewis On Michael Burry, Christian Bale and The Big Short

Mark Mobius: “Passport To Profits”

“We have been and we are. We think that the opportunities in Brazil are tremendous. You have to go back and see how Brazil has progressed. When I went in the early 90s, they were at 2000% inflation…. This is the situation you have where the country has gone through incredible changes. It’s a young population. I believe it’s a temporary situation.”

Dilma may be impeached, Liz Claman points out

“A great time to invest is when there’s been a lot of uncertainty,” Mobius said. “Chances of [Dilma] being impeached is very high.”