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Episode 260: Prof. James Choi: Practical Finance

The Rational Reminder Podcast

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The Effect of Home Bias on Concentrated Equity Holdings

People tend to overinvest in the stocks of their own country. Things that are familiar seem less risky to us, and we also ascribe to them as having higher expected returns. So there's this familiarity bias that makes under diversification feel less scary than it actually is.

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