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This reminds me of an investment strategy Iain Banks described in his novel Complicity: Leverage yourself and load up on the most unethical companies you can fi
by Tuna-Fish 16y ago
This reminds me of an investment strategy Iain Banks described in his novel Complicity: Leverage yourself and load up on the most unethical companies you can find.
This is because there is a lot of money that seeks to invest only in ethical business, so the prices of unethical companies are permanently depressed from their true value, and in the long term the return from their dividends should thus beat the average of the market.
It's scary how it almost made sense.
- baguasquirrel 16y agoAnd then some people wonder why most of the mainstream seems to like the idea of government intervention into the markets (as long as it's not their industry being regulated ;).