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