WSJ on Foreign Stock Exposure

An interesting article including many good reasons for allocating to non US stocks. But a bit of performance chasing here. I wonder if the author would have written the same article during the period shown in the graph below included in the article.

Those that have consistently held international stocks are now benefiting as the performance chasers now find the arguments for holding foreign stocks persuasive and buy those stocks. The disciplined investors will be selling some of their international stocks to rebalance at some point while the performance chasers are still buying.

Four Reasons to Boost Your Foreign-Stock Exposure