Start of 2025: ‘Why should I own anything outside of the U.S.?’ 13 months later: South Korea +151%, Peru +128%, Greece +101% … S&P 500 +19%. The future is unknown. That’s why you diversify.

@PeterMallouk @SystematicIRE Why should I own anything other than stocks? (That's different.) 🤣

@PeterMallouk You can't predict the future. Diversify your investments to reduce losses and take advantage of gains.

@PeterMallouk @David_Dierking Yes “The future is unknown. That’s why you diversify.” Indeed!

@PeterMallouk Outperformance rotates. Diversification is how you survive it. Valuation gaps + capital flows are what drive these cycles

@PeterMallouk Nice little reminder that mean reversion can and does exist.

@PeterMallouk Further more, if people think this are just handpicked winners. Pacific is at +50% and Europe at +44%. So diversify.

@PeterMallouk Been saying it for years finally happening

@PeterMallouk Korea and Peru are incredible. They push one asset class to the top, move on, and lead the next wave. Million-dollar question: what’s next?

@PeterMallouk GOOD INFO, BUT MAYBE WE NEED THE SAME INFO FOR LONG/SHORT PERIOD -5/10/20/30 YEARS ...

@PeterMallouk I am curious of how you allocate the money between the countries?

@PeterMallouk @grok how would a portfolio of 100% US equities perform versus 50/50 US/international over the last 20 years?

@PeterMallouk $EPOL $EWI $VNM are next in 2026.

@PeterMallouk This is the hardest lesson to learn. When everything's been going up forever, diversification feels like underperformance. Then one day it doesn't. That's the whole point. Portfolio construction isn't about beating the market, it's about surviving when markets fracture.

@PeterMallouk @charliebilello I mean, avoiding trump collapsing the govt is a bonus the past yr. Don’t pretend that a functioning society is worthless.

@PeterMallouk @charliebilello Tbh, I cant follow anymore

@PeterMallouk And your clients have undiversified exposure to Korea, Peru and Greece to capture the outsized returns or should you compare a foreign index to domestic?

@PeterMallouk @charliebilello This year Turkey will be the shining star. I predict at least %25-30 usd level return as of today till year end

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