For decades, Mark Mobius has been known as the king of emerging market equities. In the past, he has been voted as one of the top ten investors of the 20th century. Others on the list include Warren Buffett, Julian Robertson, and George Soros.
[munger]
Mark Mobius - Struggling performance
Now, at the ripe old age of 78, Mark Mobius’ reign as the king of emerging market equities may be coming to an end. 11 of the 13 largest funds that Mobius overseas have underperformed their benchmarks during the past five years, although over the past 28 years Mobius’ Templeton Emerging Markets Fund has produced a compound annual return of 13.3% for investors -- the S&P 500 has returned...

