Let me take you back in time to arguably the worst period in the 20th century.
Between the 1920s and1940s, the world felt like it was on the verge of collapse.
The Great Depression swept throughout the world, leaving many unemployed and desperate.
In 1931, China and Japan had been at war since Japanese troops invaded Manchuria.
In Europe, Italy and its dictator Benito Mussolini invaded and annexed Ethiopia turning it into a colony called Italian East Africa.
And, the Spanish Civil War broke out.
Around the same time, Nationalism swept throughout Germany. Adolf Hitler and his National Socialist Movement quickly rose to power, annexing Austria and invading Czechoslovakia.
But 1 September 1939, goes down in history as the day the world reached the “point of maximum pessimism.”
On this day, two men made two extraordinary decisions, which saw both, seal their place in history for completely different reasons. German dictator, Adolf Hitler invaded Poland which sparked the beginning of World War 2 triggering one of the greatest wars in history.
And in the heart of Manhattan, New York, an unknown investor Sir John Templeton borrowed $10,000 to buy 100 shares in 104 companies selling at $1 per share or less.
He invested in a select group of companies at what has become known as the “point of maximum pessimism”. A few years later, his legendary “World War investment" paid off.
In fact, four years later he sold this portfolio for $40,000 – that’s around a 40% yearly return over four years.
Just as the world reached a point of maximum pessimism in 1939, I believe the same thing has been happening in Africa for a long time now.
That’s why today, I’m going to explain exactly why I think the pessimism surrounding Africa presents you with the most profitable investment opportunity, at the greatest bargain.