SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (14556)6/19/2000 10:46:00 AM
From: w0z  Read Replies (2) of 15132
 
"Jim HATES foreign stocks and funds and is all in the US.

I couldn't agree more. Why pay a Mark Mobius to fly a million miles per year when you have world-leading companies (like HWP, INTC, AMAT, CSCO, etc, etc) that derive far more than 50% of their revenue outside the U.S. Isn't the point to be diversified geographically? These stocks are already diversified by the nature of their global customer base and in most cases they dominate their markets overseas just as they do here. Why take the currency risk, accounting rules risk, etc of investing in Indonesian cement factories when you can invest in world leading companies that have scores of people who manage their internal currency risk and who must comply with SEC and FASB accounting rules? If you don't like technology, there are plenty other large multinationals in other businesses (KO, PG, F, etc.) If you really like risk, there are easier ways to do it than trying to guess what the next hot country will be.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News