Thought for a couple of seconds Markdown International investing is presented as a way for private investors to access a much broader opportunity set than they would find by limiting themselves to North American stock markets. The transcript argues that global brokerage access has become practical for individual investors, and that markets outside the United States can offer less crowded, less analyzed, and sometimes deeply undervalued opportunities.
There are roughly 100,000 publicly listed companies around the world, according to the transcript.
The breakdown given is:
- Around 25,000 listed companies in North America
- Around 25,000 listed companies in Europe
- Around 50,000 listed companies across the rest of the world, with a large concentration in Asia
The argument is that investors should not limit themselves to one market if better opportunities exist elsewhere. The speaker compares investing to travel: most people would not limit themselves to one country or one continent when exploring the world, so investors should also consider global markets.
