International Exposure

[rapidacid]

Short & sweet article from "Dividend Growth Investor" on the topic of international exposure. I've been reading "DGI" for a long time and he's (she's?) my favorite author on the topic of Dividend Growth Investing so I view what they say in high regard

Is international exposure overrated?

Money shots:

• "The ten companies with highest weight in the index accounted for approximately 18% of S&P 500. On average, these global companies derived 48% of their revenues from international operations."
  
  
• "As a result, I believe that adding internationally listed stocks would not dramatically improve the performance of a dividend portfolio. By purchasing US stocks with global operations, the domestic US dividend investor gains exposure to global income streams, without the hassle of international taxation or learning international accounting rules. "
  

Your thoughts?