First, thank you for the explanation and especially for the difference in FINRA and NASAA. However, wouldn’t Currency and Political Risks similarly affect the portfolio as Maket risk does? In case of national currency (e.g USD) fluctuation, all assets will be affected in a similar way. Should government problems occur, all sectors will be affected then. They’re all difficult to avoid nor are they industry specific, should they happen. I don’t argue, I’m just trying to understand the logic in view of “drastically reducing exposure”.To me it’s more of a comparison, than a pure statement. If I could explain my idea.
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