Hmmm I can invest my capital in 30 countries easily with a carefully selected index fund. If I could move across borders freely, it would be hard (if not imposs

Hmmm I can invest my capital in 30 countries easily with a carefully selected index fund. If I could move across borders freely, it would be hard (if not impossible) to do the same thing. So I'd say it isn't the same footing that applies.