Mobius Says Blindfolded Investor Can Find Value in Russia Stocks

Russian stocks are such good value that almost anyone could find some bargains, according to Mark Mobius.

“You could almost be blindfolded and throw a few darts and you’ll hit something that’s cheap,” Mobius, who overseas about $40 billion as chairman of Templeton Emerging Markets Group, said in an interview today. Still, he’s not buying because of sanctions imposed on the nation over the conflict in Ukraine.