FYI: From my archives, this piece looks at the neuroeconomics of home bias: why your brain impels you to keep most of your investments within the country you live in. I discuss that phenomenon in greater depth in Chapter Five of my book Your Money and Your Brain, but this article gives a quick overview. Although U.S. investors have made a lot of progress in diversifying their portfolios globally since I originally wrote this column, they still have a long way to go.
Regards,
Ted
http://jasonzweig.com/why-investors-stay-home-and-why-its-a-bad-idea/
