### Comment:
But given our shithouse ex rates I'm terribly worried about the loss in potential gains as a result when I could easily invest in an AUS company that might not yield as high returns as a US company but still make more by avoiding ex rates

### REPLY:
Unless you’re getting fucked on the transaction costs, who cares what the exchange rate is if it isn’t going to change much. It’s a good way to get USD exposure if you think the AUD will get weaker too.

### END.