All Posts Tagged With: "price to book"

An Outrageous Prediction

“We are at the base building period for the next bull market. What I see happening is perhaps this continuing till the end of the year, and then a break out.”

That’s what Mark Mobius, who manages $20 billion for Templeton Asset Management and who was recognized as one of the “Ten Best Investors of the 20th Century,” told investors a few weeks ago.

An outrageous prediction, right?

Well, it is and it isn’t.

After this week, most investors would consider it pretty aggressive. After all, this week the markets fell for the three straight days to start out the week. It was only…

22Jun2009 | Q1 Publishing | 0 comments | Continued
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