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a) Mike and Sarah consult with a colleague at their firm. He argues that one of the main benefits of international investing has diminished due to globalization. Explain what this benefit is and why

a) Mike and Sarah consult with a colleague at their firm. He argues that one of the main benefits of international investing has diminished due to globalization. Explain what this benefit is and why it has diminished with globalization of financial markets? What attribute do certain foreign markets have that might help offset globalization?

b) Mike and Sarah’s colleague says he only invests in the US. What is the academic term for the bias he is guilty of? What are some of the reasons for this bias?

May 08 2021 View more View Less

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