One World—The Case for Global Portfolios

Who Owned Citibank? Familiarity Bias and Business Network Influences on Stock Purchases, 1925-1929

“…Distance (i.e., positive home bias) is a well-recognized influence on investors (French and Poterba 1991, Tesar and Werner 1995, Coval and Moskowitz 1999, Dahlquist et al 2002, Strong and Xu 2003, Speidell and Xing 2004, Craft 2006, Giannetti and Laeven 2012, Philips et al 2010, and Philips et al 2012.…”