by Aswath Damodaran.
While political and trade wars are brewing around the world, centered on globalization, the enduring truth is that the globalization genie is out of the bottle, and no political force can put it back. Encouraged to spread their bets around the world, investors have shed some of the home bias in their investing and added foreign equities to their portfolios…
To download the paper cklick here.
A summary of the paper and a short video are on Musings on Markets, a blog by Aswath Damodaran about markets, finance and all things money related.
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