Investing Globally
In my first quarter 2011 client letter, I referenced the globalization of the world's economies as well as Bill Gate's quote about how are lives have improved dramatically in terms of lifespan, wealth, and other measures.
In this video, Hans Rosling creatively shows us how the world has changed in terms of health and wealth since 1810. I use it when we discuss Global Business when I teach Management 101, but it also supports why it is important to, at a minimum, maintain a global perspective when considering investments, macro-economic trends, or market analysis.
Global investing is not for everyone, but 55% of the global market capitalization is outside the United States.