“I still think you need to own some stocks in Asia or own some low-cost index funds in Asia and in Europe. That's how you stay rich.”
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Said on The Prof G Pod with Scott Galloway
The Long View · Jim Dahle: Is Avoiding Taxes Costing You Money?
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Invested the 20s fund half in a total stock market index fund and half in a total international stock market index fund
“I still think you need to own some stocks in Asia or own some low-cost index funds in Asia and in Europe. That's how you stay rich.”
“Momentum in your fund is the momentum in the stock times the weight in the fund”
“If I am going to be investing in anything other than an index fund, I need to have better information than the professional investors out there.”
“18% of the fund's exposure at equity, which is, you know, only 12% of the fund's total long exposure is plenty”
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