THREE thousand years ago, the Chinese used to think that the world revolved around their country, which was then known as the Middle Kingdom. Today, in the 21st century, some of us in Malaysia seem to remain as myopic, believing that our stock market is synonymous with the investment universe.
In reality, a disproportionately large part of the equity world resides outside Malaysia, which accounts for less than 1% of global market capitalisation, and by extension the overwhelming majority of investment opportunities.
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