Re: "home country bias"
"No exactly the opposite."
If your local currency inflates more than where you invested you win, if it inflates less you loose.
If you invest in your local currency it is a wash which is why I said it reduces risk.
"No exactly the opposite."
If your local currency inflates more than where you invested you win, if it inflates less you loose.
If you invest in your local currency it is a wash which is why I said it reduces risk.