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Can someone explain the "double pop"?
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Topic: Can someone explain the "double pop"? (Read 767 times)
kenmoremmm
Pencil Stache
Posts: 717
Can someone explain the "double pop"?
«
on:
January 13, 2021, 10:57:52 PM »
https://youtu.be/WVM0fDmGG70?t=945
at the 16:05 mark, he mentions "double pop". you might need to scroll back 1 minute for more context.
i'd appreciate someone explaining this to me in simpler terms.
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vand
Handlebar Stache
Posts: 2302
Location: UK
Re: Can someone explain the "double pop"?
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Reply #1 on:
January 14, 2021, 01:24:05 AM »
I think he just means that both foreign holdings will go up in their local currency, and their local currency will go up relative to the USD, so you get a double effect if your foreign investments are not currency hedged.
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Can someone explain the "double pop"?