International Currencies and Capital Allocation
This paper won the AQR Insight award. We talk a lot about home country bias a lot in equities, and guess what, just as bad in bonds…
No chart just download (there’s also a video)…
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International Currencies and Capital Allocation
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https://www.aqr.com/About-Us/
Good investing,
Meb Faber
theideafarm.com