Search found 4655 matches

by Noobvestor
Sat Aug 18, 2018 1:02 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

One of Taylor Larimore's favorite sayings is: "When experts disagree it is often because it does not make a foreseeable difference." Steven Dunn's* remarks reinforce this observation (see #8 below), originally found at: http://socialize.morningstar.com/NewSocialize/forums/t/162377.aspx Order of imp...
by Noobvestor
Sat Aug 18, 2018 12:27 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

One of Taylor Larimore's favorite sayings is: "When experts disagree it is often because it does not make a foreseeable difference." Steven Dunn's* remarks reinforce this observation (see #8 below), originally found at: http://socialize.morningstar.com/NewSocialize/forums/t/162377.aspx Order of imp...
by Noobvestor
Sat Aug 18, 2018 12:09 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 62
Views: 4040

Re: Remind me (again) how real estate isn't a GREAT investment?

Two words: concentration risk. Would you consider sinking a few hundred thousand dollars into one stock? I'm guessing the answer is no. And yet, you could probably do that more safely than investing a similar amount in a house, if it's a big, wide-moat company. So the question becomes: how much retu...
by Noobvestor
Fri Aug 17, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

In the same vein that one could argue that international bonds aren't appropriate for the reasons you've outlined, they could argue that international equity's returns (in total) provide less 'upside potential' than U.S. equities. I'm not saying that's absolutely correct, but the argument is very s...
by Noobvestor
Fri Aug 17, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

In the same vein that one could argue that international bonds aren't appropriate for the reasons you've outlined, they could argue that international equity's returns (in total) provide less 'upside potential' than U.S. equities. I'm not saying that's absolutely correct, but the argument is very s...
by Noobvestor
Fri Aug 17, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Actually, the 'default position' is a market cap weighting of the world's stocks, bonds, real estate, cryptocurrency, etc. I doubt that anyone holds such a position. Please let's use the principle of charity here at least. Investing in real estate (outside of the REITs) and cryptocurrencies can be ...
by Noobvestor
Fri Aug 17, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Took a while, but I just finished reading through this ten-page thread, and have a few thoughts and responses: Concerns about currency are (predictably) overblown - setting aside all other assets (SS, pensions, houses, etc...) a typical 60/40 Boglehead that is 50/50 US/international within stocks ha...
by Noobvestor
Fri Aug 17, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 523
Views: 29660

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I never invested in international, but not because it is not doing well it is because years ago I read Common Sense on Mutual Funds and John Bogle's chapter on that subject resonated with me so much that I felt it wasn't necessary. Having said that, just when you stop investing in it, it will do be...
by Noobvestor
Thu Aug 02, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11363

Re: Treasury Bonds are the Only Bonds You Need

Picking a duration that is significantly shorter or longer than your investment horizon is an ACTIVE decision to make a bet on the direction of future interest rates (and in a complicated way that view investors understand). I mean on this logic, any long-term investor should be entirely in long-te...
by Noobvestor
Tue Jul 31, 2018 10:59 pm
Forum: Investing - Theory, News & General
Topic: How much does it matter, considering scatter? Part 1 of many: Introduction
Replies: 38
Views: 4357

Re: How much does it matter, considering scatter? Part 1 of many: Introduction

Have you done one yet comparing various (inter)national stock markets? Could be interesting.
by Noobvestor
Tue Jul 31, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: placement of Total International Bond in portfolio
Replies: 5
Views: 506

Re: placement of Total International Bond in portfolio

Can't see any reason to own an international bond fund when ultra-safe Treasuries of the same duration pay three times as much :shock:
by Noobvestor
Sat Jul 28, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: VWITX (Vanguard Intermediate Term Tax Exempt) Question
Replies: 9
Views: 1609

Re: VWITX (Vanguard Intermediate Term Tax Exempt) Question

It's slightly misleading to inexperienced people to post only the SEC yields of the two funds as they will be taxed quite differently. If you are making the case that the TEY isn't great enough to justify the risk (and I think you have in other threads) that's certainly reasonable. That's fair - wi...
by Noobvestor
Fri Jul 27, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: If Vanguard has 388 funds why should I stick with a 3 fund portfolio?
Replies: 15
Views: 2449

Re: If Vanguard has 388 funds why should I stick with a 3 fund portfolio?

So a three-fund portfolio gets you thousands of stocks globally, and an array of bonds. Tilting on top of that doesn't generally add more to the mix, it just concentrates you within that mix. There are a lot of reasons Vanguard offers more, but more funds rarely adds to the mix - usually it just con...
by Noobvestor
Fri Jul 27, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: VWITX (Vanguard Intermediate Term Tax Exempt) Question
Replies: 9
Views: 1609

Re: VWITX (Vanguard Intermediate Term Tax Exempt) Question

Not quite the question you asked, but since you asked about quality ... Vanguard Intermediate-Term Tax Exempt has an SEC yield of 2.38% Vanguard Intermediate-Term Treasury Fund has an SEC yield of 2.74% At this point, I see no reason to opt for tax-exempt over Treasuries personally, though individua...
by Noobvestor
Sat Jul 21, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Index-ish fund that lacks FAANG?
Replies: 42
Views: 4085

Re: Index-ish fund that lacks FAANG?

I would think Vanguard Extended Market Index would do the trick (mid/small caps w/o the large)

That said: pretty dangerous to omit the stocks currently driving the market IMHO
by Noobvestor
Thu Jul 19, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Ratio of CDs to Bonds
Replies: 5
Views: 773

Re: Ratio of CDs to Bonds

As with most things, it really depends on what fixed income is designed to do in your portfolio. If you want predictable nominal cash flows, then CDs are fine. Personally, I like to have some Treasuries that might go up when stocks go down, and some TIPS, which protect against inflation. I would als...
by Noobvestor
Tue Jul 10, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9069

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

I appreciate your endeavor to balance out the stock disasters, but I'm not seeing a lot of discussion of bond duration - if we're talking about intermediate, that's different than long and different than short, which could make a big impact. I don't know what data sources you have available, but rer...
by Noobvestor
Tue Jul 10, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: Simple & Effective Video Camera Option - Help Buying, Please!
Replies: 3
Views: 278

Simple & Effective Video Camera Option - Help Buying, Please!

I know I can shoot video on my phone, but I want something that's a stand-alone device w/more storage to interview some older relatives about their lives. Ideally, it would be a point-and-shoot kind of affair I can prop up on a tripod and just click to start/stop, nothing fancy required. Basically j...
by Noobvestor
Fri Jul 06, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?
Replies: 32
Views: 3958

Re: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?

Bill Bernstein wrote:
Fri Jun 29, 2018 12:46 pm
Hey Bill - just wanted to say 'hi' and 'thanks' - I still lend out your books regularly, and often link folks to (old but handy!) pages on your website.
by Noobvestor
Fri Jul 06, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4723

Re: yield curve inversion

The definition of an inverted yield curve is and I think always has been one which credit-riskless instruments (treasury) bear yields which are not monotonically nondecreasing with respect to term. I don't know if this is true or not (can you cite a source?), but let me see if I can even parse what...
by Noobvestor
Fri Jul 06, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 18887

Re: Morningstar: prepare for a lost decade for U.S. stocks

Forecasts of low (or in this case 0%) returns for the US stocks over the next 10 years and gloomy news articles about yield curve inversion...which isn't in fact inverted seem to be popping up multiple times a day now. The yield curve is the flattest it's been (closest to inverting) since before th...
by Noobvestor
Tue Jul 03, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1465

Re: Does the ROTH IRA force us to rebalance in January?

I don't contribute to a Roth in January. Probably a fair number of folks do it later in the year for various reasons - e.g. that's when they have money, or they're not sure if they'll be eligible. And then you have all the people contributing from paychecks, or to taxable accounts. To further compli...
by Noobvestor
Tue Jul 03, 2018 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12653

Re: Expected returns for 80/20 stock bond for next 10 years.

However, I disagree about the real returns for bonds of 1-2%. I don't see anyone forecasting that high. RA 0.88% Robeco -3% JP Morgan 0.75% BNY Mellon 0.1% Callan 0.5% Blackrock -0.45% GMO -1% AQR 0.4% Schwab 0.9% No one is really forecasting 1% real return for bonds; everyone seems to come in quit...
by Noobvestor
Mon Jul 02, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12653

Re: Expected returns for 80/20 stock bond for next 10 years.

Rick Ferri wrote:
Mon Jul 02, 2018 8:22 pm
A realistic return number for an 80/20 allocation is 5% nominal and 3% real. Sorry I was not clear in that.
That for 100% US, 50/50 US/intl, or something in between? :|
by Noobvestor
Wed Jun 06, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Marketing [Transition to brokerage account]
Replies: 16
Views: 1254

Re: Vanguard Marketing

Someone may come along who knows better than me, but it's my understanding they consolidated everyone's accounts into the brokerage platform. If I'm right, they aren't trying to upsell you, just bringing you into their new overall system where everything's in one place. Looks like some people have f...
by Noobvestor
Wed May 16, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 11065

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

If your investment horizon is over ten years, there is absolutely no reason to own bond funds right now. VBTLX has a 2.64% dividend yield, while VBILX has 2.76%. VTSAX has 1.74%. Why chase the less than 1% difference in yield, when bond funds have fallen so much harder than VTSAX? I don't even unde...
by Noobvestor
Sun Apr 22, 2018 1:33 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 2197

The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

The Limits of Modern Portfolio Theory by Steven D. Bleiberg in Barron's It now dominates investing—and as a result, many equity investors no longer understand the companies they own. Link: https://www.barrons.com/articles/the-limits-of-modern-portfolio-theory-1523636363 I found this to be an intere...
by Noobvestor
Sun Apr 15, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: *A* yield curve has inverted
Replies: 3
Views: 1104

Re: *A* yield curve has inverted

Nominal curve is flattish at the long end. From 10-30 years you get just a little over 1bp per year. Even 5-10 you are getting less than 5bp. No real reason to extend beyond 2-3 years with anything right now. I'm open to being called irrational for this, but I'm holding intermediate-term Treasuries...
by Noobvestor
Fri Apr 13, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Ditched bond fund for money market. Thoughts?
Replies: 40
Views: 5090

Re: Ditched bond fund for money market. Thoughts?

Instead of money market, how about switching to international bond fund? The Vanguard international bond index seems to be holding up nicely as opposed to Total bond index which is negative YTD. Curious what the group thinks about this. Bond fund NAV is up because yield is down. I knew the yield wa...
by Noobvestor
Thu Apr 12, 2018 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Ditched bond fund for money market. Thoughts?
Replies: 40
Views: 5090

Re: Ditched bond fund for money market. Thoughts?

Thanks for the replies. This move was just a very slight deviation from my IPS. (and is easily reversed) I would suggest fleshing your IPS out with details about target duration and credit quality. If you went from intermediate duration to effectively zero duration, for instance, I would call that ...
by Noobvestor
Wed Apr 11, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets tilt
Replies: 37
Views: 3707

Re: Emerging markets tilt

50/50 US/international + 50/50 developed/emerging (within international) - it's static, not tactical. Reasoning: emerging markets should be riskier and thus offer more return. Also, they have historically been less correlated with developed markets like the US (so: better diversification) . https://...
by Noobvestor
Wed Apr 11, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Ditched bond fund for money market. Thoughts?
Replies: 40
Views: 5090

Re: Ditched bond fund for money market. Thoughts?

Depends on what you want out of your fixed income. I prefer intermediate duration, safe government bonds (Treasuries and TIPS) that may zig when the market zags (in flights to safety) and generally have a bit more yield than MM funds. Instead of a drastic move, consider a partial move - e.g. split c...
by Noobvestor
Sat Apr 07, 2018 12:00 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 17231

Re: Swedroe: Look Beyond 60/40 Portfolio

Dan / 3funder, I’m currently 42% equities evenly split US/Int and heavily tilted to SV, 38% intermediate bonds, 20% the alternatives mentioned in the article. Each one of the alts has equity like expected returns with about half the expected volatility of equities. Since they are all expected to be...
by Noobvestor
Fri Apr 06, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Late to the party and too lazy to read all the replies, but when one adds ANY asset or subasset class they have to ask WHY they are adding it to their portfolio. Again, I think this is the wrong question to be asking. The real question is: why would one SUBTRACT international from a global portfoli...
by Noobvestor
Thu Apr 05, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Let's just consider international by itself. It is about 20% EM. Say you want to tilt to EM by doubling that to 40%. Now your Dev/EM target is 60/80 instead of 80/20. You can get there by using 80% of Total International fund and 20% of an EM find. Or you also could get there by using 60% of a deve...
by Noobvestor
Thu Apr 05, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Here's a post in another thread I found interesting and pertaining to our discussion: Re: How much international stock? A suggestion. Post by oldzey » Wed Apr 04, 2018 7:56 pm "The inception date of Vanguard Total Stock U.S. Stock Market Index Fund (VTSMX) was 4/27/1992. The inception date of Vangu...
by Noobvestor
Wed Apr 04, 2018 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Executor Dilemma - Disposition of Gold Assets
Replies: 10
Views: 1285

Re: Executor Dilemma - Disposition of Gold Assets

unclescrooge wrote:
Wed Apr 04, 2018 11:40 am
Sell them to APMEX.
Distribute the proceeds.
Username checks out. Would follow his advice and/or dive into the coin pool in his money vault.

Image
by Noobvestor
Wed Apr 04, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

I think the points you lay out make a reasonable case for people from non US coutries significantly overweighting there own country as if they did not there own countries equities are a tiny part of their portfolio. However in the US at market weight we already have 50% in the US. If you combine th...
by Noobvestor
Wed Apr 04, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Posted by Noobvestor To those folks still arguing 'but they're highly correlated!' read up and see how little that mattered to a Japanese investor. We've had two decades of high correlation (around .75), yet a Japanese investor saw around 1/10th the returns (worse if you go back a few more years). ...
by Noobvestor
Wed Apr 04, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

I wish I had ignored Vanguard and others who differed from his advice on this subject . Interesting. So you've had international, but regret it in hindsight. Suggestion: don't conflate strategy and outcome. I'm really only interested in outcome. It's true that all empires must fall eventually - unf...
by Noobvestor
Mon Apr 02, 2018 11:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Alternative Approach To Alts
Replies: 22
Views: 3686

Re: Larry Swedroe: Alternative Approach To Alts

More hints at potential diversification benefits: today 4/2/18 S&P 500 -2.23% QRPRX -0.10% QSPIX -0.48% QMHRX -0.58% SRRIX no change LENDX +0.10% AVRPX -0.21% Dave Can't tell if this is a joke or not. All the funds except one are flat or down w/the market. One's up .1%, same as my Treasury index fu...
by Noobvestor
Mon Apr 02, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Basically, having them go to zero wouldn't even be a blip on the radar ... In short: the scenario you described as a reason to avoid emerging markets doesn't match the reality of a normal global investing strategy. I think you are mixing me up with someone else. I checked and do not believe this to...
by Noobvestor
Mon Apr 02, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

People can dress it up however they want (international is risky, etc...) but it comes down in most cases to U.S. exceptionalism, either implicitly or explicitly. Yet to believe there aren't geographical, economic and political risks in the United States is, IMHO, hubris.'' I drank the international...
by Noobvestor
Mon Apr 02, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Can you only invest in emerging markets through Vanguard? I didn't know that. :P FWIW, we don't own any Vanguard foreign or world funds of any kind. (Mainly I want to avoid EM.) :D But if I did there are A number of Venezuelan companies are listed on the New York Stock Exchange in the form of ADRs....
by Noobvestor
Mon Apr 02, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Is there a premium in investing in unstable, corrupt markets? ... absolutely. Not all forms of the Efficient Market Hypothesis claim that risk is perfectly priced into current prices. When you invest in a country like Venezuela, no capital under its authority is safe. Today's high growth firm is to...
by Noobvestor
Sun Apr 01, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 11791

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

With the future trajectory of quantum computing, Bitcoin is going to zero in the long run. It could go to zero, but I think the critical factor in the foreseeable future is energy costs rather than advancements in computing. Seems very harmful to use massive amounts of energy to perform energy-inte...
by Noobvestor
Sun Apr 01, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Stable governence without systematic corruption should be taken into account. An international large cap fund probably avoids the worst offenders. The market cannot price in when an autocrat will decide your business should be taken from you. You think the market doesn't price in political risks? S...
by Noobvestor
Sun Apr 01, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

"So if you bet entirely on one of the two largest stock markets in 2000 (note that this graph starts after Japan's big crash and gets much, much, much worse if you go back another 5 or 10 years), and you picked wrong, you'd have had dismal returns versus great returns." There are many historical, g...
by Noobvestor
Sun Apr 01, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11606

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

I'm not sure what you are trying to point out here, but here's another way to look at the same data: 24 month rolling return for same timeframe. Growth charts are not the best way to look at correlations over different time periods. Note: I had to amend my percentages in the original post you quote...