Published On Feb 21, 2024
Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p
References: https://zbib.org/f7ba4544493741fab9ca...
Home country bias - overweighting your home country’s stocks relative to their capitalization weights - is detrimental at the extremes, but modest home country bias is theoretically, practically, and empirically useful.
It can reduce fees and taxes, it may hedge the cost of local consumption, and it reduces exposure to the potential mistreatment of foreign investors when times get tough.
It may also be helpful psychologically due to the role of social comparison in determining individual happiness.
------------------
Follow Ben Felix on
- Twitter: / benjaminwfelix
Visit Rational Reminder: https://rationalreminder.ca/
Join the Rational Reminder Community: https://community.rationalreminder.ca/
Follow the Rational Reminder on:
- Twitter: / rationalremind
- Instagram: / rationalreminder
Visit PWL Capital: https://www.pwlcapital.com/
Follow PWL Capital on:
- Twitter: / pwlcapital
- Facebook: / pwlcapital
- LinkedIn: / pwl-capital
You can find the Rational Reminder podcast on
Google Podcasts:
https://www.google.com/podcasts?feed=...
Apple Podcasts:
https://itunes.apple.com/ca/podcast/t...
Spotify Podcasts:
https://open.spotify.com/show/6RHWTH9...
------------------