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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (67052)	4/6/2021 10:38:42 AM
From: The_Commodore	Read Replies (1) \| Respond to of 78821

So far not counting canadian mining stocks ( a sad tale) most have done ok with the exception of CIOXY a small brazililian payments play. And maybe that won't always be the case... I guess my point is that geographical diversification is typically argued for as a hedge in case the domestic market goes down (in other words, uncorrelated), but if you do what everyone else is doing, that's no longer the case. If your way of diversifying is correlated to your other holdings, I don't see the point. That being said, maybe my point that countries in Asia are correlated is overblown. - Bill