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David Booth on Global Diversification

April 17, 2017
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Despite the relative superiority of the US stock market over the last few years, I don't know any serious investor besides Vanguard founder John Bogle that believes you should concentrate all your investments domestically.  Dimensional Fund Advisors (DFA) co-founder David Booth provides us a common sense rationale for why global diversification makes the most sense for long-term investors: