Which of non-US stocks do US investors prefer?

Question

I know US investors invest on US stocks most often. But other than US, which stock markets in the world are popular among US investors and traders?

London?
Tokyo?
Shanghai?
Singapore?

Answer 1

Us investors do all sorts of crazy things, but astute investor realize that non-US stocks carry two levels of risk....there is the risk of the stock not performing and then the currency risk. If the stock is denominated in a foreign currency, then as that currency rises and falls against the dollar, your dollar profits and losses also rise and fall. It's a double wammy, which anyone but a professional investor should avoid... IMHO. You're betting on the stock and on the country.

Answer 2

I agree with answer #2 but do want to add that the London exchange stocks are considered pretty much a standard in any portfolio. Once currency risk is hedged away (which can be easily done, not to mention that most investors expect the pound to continue trouncing the dollar), then the London exchange is as safe as the American one.