Course 7114 lessons

International and global investing

A guide to investing beyond the Philippine market, covering how to access US and global stocks, the currency risk bundled into every conversion, and how to avoid quietly betting everything on one country.

Home-country bias

Home-country bias is the well-documented tendency for investors almost everywhere to keep the bulk of their portfolio in their own country's market, far beyond what that market's actual size in the global economy would justify. It isn't a Philippine quirk. American investors overweight US stocks, Japanese investors overweight Japanese stocks, and Filipino investors overweight Philippine stocks, all for the same underlying reasons.