Pre-Owned Passport to Profits: Why Next Invstmnt Windfalls Will Be Found Abroad...Grab Yr Share (Hardcover) by Mark Mobius, Stephen Fenichell
Stephen Fenichell and Mark Mobius

Pre-Owned Passport to Profits: Why Next Invstmnt Windfalls Will Be Found Abroad...Grab Yr Share (Hardcover) by Mark Mobius, Stephen Fenichell

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Publishers Weekly,How is one to describe a book that recommends on one page that investors in emerging markets subscribe to a slate of newsletters that cost up to $10,000 per year each, while claiming on another page that investors need only a good map? Perhaps as a brilliant mess. Mobius is recognized as a talented investor whose Templeton Funds enjoyed a 20% annual gain from 1987 to 1997, but this book is sloppy. If it reads like a collage of rough notes, however, that rawness may give readers a better idea of how Mobius thinks than a cooler, more polished work would have. Whether speculating in high-risk emerging markets or picking moderate-risk domestic mutual funds, investors can learn much from him, but more about attitude than specifics. Mobius is intuitive, not systematic as he takes readers on his never-ending tour of those corners of the world just settled enough to invest in but still chaotic enough to offer exceptional opportunities (e.g., Vladivostok, Brasilia, Lagos). Like a hard-boiled noir hero, Mobius has optimism without illusion and empathy without softness. He dissects tragedy with clarity and a world-weary shrug; describes foolishness with cool detachment; and evaluates high-risk opportunities with a gambler's wary eye. (Aug.) (c) Copyright PWxyz, LLC. All rights reserved
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What is Pre-Owned: Good?

Has been read and shows minimal signs of wear like an owner's inscription or foxing, but no tearing and all pages are present.

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Product image for illustration purposes only. The item you receive may vary from the image in minor ways, such as slight differences in appearance, color, and/or design. *Exceptions apply during holiday season, and on certain electronics, collectibles, and jewelry.

Pre-Owned: Good

A well-cared-for item that has seen limited use but remains in great condition. Item and instructions are complete and included.

What is the Walmart Pre-Owned Program?

Walmart Pre-Owned allows you to find previously owned, well-cared-for items from Walmart’s trusted & performance-managed sellers. Shopping Pre-Owned allows you to bring home the best-quality picks at even lower prices, in addition to extending the life of an item & reducing waste. Find your favorites & shop a range of conditions in every category.

See here for additional details & specific condition qualifications.

Why Walmart Pre-Owned?

Trusted sellers & quality items

Each Pre-Owned item listed comes from Walmart’s trusted performance-managed sellers, to ensure you get quality items.

Quality you can afford

Save even more on top brands & your most-loved items.

30-day free returns

Don’t love it? Most items offer a 30-day* free return policy, for added peace of mind.

Sustainability

Shopping Pre-Owned helps in extending the life of an item & reducing waste.

Product image for illustration purposes only. The item you receive may vary from the image in minor ways, such as slight differences in appearance, color, and/or design. *Exceptions apply during holiday season, and on certain electronics, collectibles, and jewelry.

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