"...when you have the time or care enough to indulge us, do you...

"...when you have the time or care enough to indulge us, do you have any overseas exposure? Why/why not?"

Simple:

1. I live in Australia, and my living expenses are incurred in Australia.

2. I understand Australia: the make-up of the economy, the competitive landscape, the the legislative framework, the people, the culture, the climate, the geography, the political risks, the issues, and - importantly - the way Australian investors and financial institutions think and operate.

3. There are some 2,400 stocks listed on the stock exchange; of those, probably 200 are of investment grade. 200 stocks is more than enough for me to follow, considering I also want to sleep, engage with my family, walk the dog, play some golf, read, and generally goof off a bit.

Why people want, for their investment kicks, to go to far flung geographies of the world, where they are at an information disadvantage, escapes me.

If - at any given point in time - you can't find an undervalued investment opportunity on the ASX, then you aren't looking properly, I don't think.