Keep in mind that putting anything less than about half of your stock money in foreign securities is a bet in and of itself, given that American stocks’ share of the overall global equities market keeps falling.
Could someone explain this sentence please? What does he mean by "a bet", and why is the fraction of global shares that are American important?
Could someone explain this sentence please? What does he mean by "a bet", and why is the fraction of global shares that are American important?