This is known
as home country bias.
Investors typically have a significant bias towards owning investments within their own country — this is known
as home country bias — so by diversifying internationally, investors can gain exposure they would otherwise be neglecting.
The problem is known
as home country bias or simply home bias.
Not exact matches
As mentioned often here over the past year, people with too much maple in their accounts paid a high price for that
home -
country bias.
Home country bias is something to mindful of in Canada for the reason you mentioned (3 % of world market cap, and our market is not well diversified)-- and there is another big reason for it
as well: taxes.
Generally speaking, there's always some
home country bias, but this year Toronto passed Vancouver
as the top searched Canadian city.
I don't understand languages, cultures, economies and markets around the world in the same way that I do in my
home country — but I recognize this
as a personal
bias, not necessarily reflective of the data.