Equity: A Book By Mark Mobius
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"In the long term, on most of the world's markets, equities have produced better returns on avarage than any other type of asset." - Mark Mobius
This book is a master class for the novice investor in the world's financial markets. It teaches everything there is to know about equities-the rewards and risks of owning stock. Author Mark Mobius gives insight on different share types, corporate behaviour, initial public offerings (IPOs), financial statements and security analysis.
The bottom line? "In the long term, on most of the world's markets, equities have produced better returns on avarage than any other type of asset," he writes. Mobius holds a PhD in economics and political science from the Massauchusetts Institute of Technology and is the managing director for Templeton. He has spent more than 30 years in emerging market.
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