Going Global: Profitable Investing Outside of Canada


216 pages
Contains Index
ISBN 0-13-929084-2
DDC 332.67'371




Reviewed by Patricia Morley

Patricia Morley is professor emerita of English and Canadian Studies at
Concordia University and an avid outdoor recreationist. She is also the
author of The Mountain Is Moving: Japanese Women’s Lives, Kurlek, and
Margaret Laurence: The Long Journey Hom


Many Canadian investors are keenly aware of the importance—some might
say the necessity—of global investments. Going Global makes a strong
case for the better returns and relatively lower risk of foreign
holdings over the long haul.

Stephen Northfield is the investment editor of The Globe and Mail, with
previous experience at the Dow Jones news service. A prolific writer, he
has written more than 500 business-related articles, and as an
investment specialist he has traveled extensively to key international
business zones.

In a lively introduction, Northfield tackles the key question: Now?
Yes, now. He firmly believes that investors cannot afford not to look
beyond Canadian borders for investments. Moreover, they would be foolish
to limit their foreign investments to the United States, comfortable as
that choice might be.

The style of Going Global is direct to the point of bluntness, and
often humorous. Chapter titles include “It’s the Risk, Stupid,”
“Enough Already, Let’s Get Busy,” and “If the World Is My
Oyster, Where Are the Pearls?” Topics covered include risk management,
buying foreign stocks, and the Quebec issue: “A separatist victory
would almost certainly be followed by the great sucking sound of capital
leaving the country.”

Going Global could be useful to both novice and seasoned investor.


Northfield, Stephen., “Going Global: Profitable Investing Outside of Canada,” Canadian Book Review Annual Online, accessed June 14, 2024, https://cbra.library.utoronto.ca/items/show/2496.