Mark Headley, who produced a strong track record with the Matthews Pacific Tiger Fund, says many American investors don’t have a good approach to international investing. Headley tells WealthTrack’s Consuelo Mack that while investors tend to take a solid long-term approach when it comes to U.S. stocks, they take a much more “flavor-of-the-month” approach to international stocks, jumping on whatever happens to be hot. Headley says now is a time to be cautious on Asia, explaining that he sees no need for investors to run into Asian stocks, but no reason to run away from them, either. Headley also talks about the importance of diversification, and discusses overall strategy.