Why diversify? US markets have been the place to be for a long time now; why should things change? In a nutshell—because they always do! In our recent semiannual presentation, we described the attractiveness of developed international markets, where, after a number of years of underperformance relative to US markets, valuations are cheaper and dividend yields higher. Here’s a nice blog entry from Ben Carlson that supports that position.
When Diversification Works By Ben Carlson
Occasionally we like to post articles that give you some insight into how we form our opinions or stay informed.