This article describes three major methods of investing in international equity markets. They include bottom-up stock picking, “hybrid” stock picking and investing in funds or ETFs that closely follow broad-based international indices. The article also describes the fourth, alternative, method of international equity investing: construction of portfolios from single-country equity ETFs.
I never thought I’d be giving writing advice. I was always the worst student in my literature class in Russia. I never received a grade higher than a C on any Russian essay I ever wrote. I have a theory that my teachers got sick of reading and grading my horrible essays, so they stopped and automatically gave me a passing grade out of pity. I don’t blame them.