That strategy would have lost out in the rise in uk stocks due to the drop in th... | Hacker News

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		walshemj on Sept 16, 2016 \| parent \| context \| favorite \| on: Investing for Geeks That strategy would have lost out in the rise in uk stocks due to the drop in the pound

laurencerowe on Sept 17, 2016 [–]

That rise only exists when you look at the ftse denominated in GBP not USD.

walshemj on Sept 18, 2016 | [–]

A lot of the FTSE 100 companies do look at how RDSB (Shell) Oil is denominated in $

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