So, you&#x27;re looking for a way to express non-conformist beliefs about markets, and are happy to take a hit for that if incorrect, is that correct?<p>Walking in the footsteps of giants, the first modern individual, for me, being Ricardo. <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;David_Ricardo" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;David_Ricardo</a><p>You mention &#x27;buying global&#x27; Bear in mind that most stock markets outside Anglo Saxon countries are very different, as company financing goes very differently.  &#x27;Buying Germany&#x27; is completely different from &#x27;Buying DAX&#x27;.<p>If you&#x27;re seeking an index, there should be passive funds for most major MSCI indexes down to the obscure, but they&#x27;re representative of stocks, not of economies and fundamentals.<p>If you&#x27;re interested in building portfolios, then proxies are the best bet, and that&#x27;s why funds-of-hedge-funds exist.  They cover a lot of exotic interests by packaging together hedge funds into certain groups.  I have always avoided these, however, as often hedge funds avoid being part of funds-of-funds.