Breaking Free from Home Country Bias: Diversify Your Investment for a Resilient Future

In a world heavily impacted by local economies, it’s crucial to assess the interplay between our human and financial capital. By investing solely in our home country, we risk amplifying the impact of economic downturns on both fronts. Diversification offers a compelling solution, reducing exposure to domestic markets and increasing resilience in the face of adversity.

A few months back, I was approached with an intriguing investment opportunity in an upcoming Indian Shoe Company. It was a unique “structured product” that blended elements of debt and equity. Curiosity piqued, I decided to dig deeper before committing my hard-earned capital. What followed was an enlightening journey that made me question my own biases and shed light on the concept of familiarity bias in investing.

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