5 ms·
I forgot the name, but there's a whole site dedicated to listing what to long/short for various 'immoral' scenarios like major disasters, pandemics, housing cra
by missosoup 7y ago
I forgot the name, but there's a whole site dedicated to listing what to long/short for various 'immoral' scenarios like major disasters, pandemics, housing crashes, etc.
- ta999999171 7y agoVery interested if someone's familiar with this.
- XMPPwocky 7y agoFuck it, we're well into late capitalism, anyways...anybody want to start an index fund?
- whatshisface 7y agoHow are any of those things immoral? Let's say you think there is a pandemic coming and you invest in mask manufacturers. They use your investment to build more mask factories. When the pandemic hits they sell more masks because their new factories can handle the demand spike. Your make more money, and the public gets better protection while being saved from a price spike - all because you offered your money and foresight. You could tell the same stories for the other events.
- viraptor 7y agoIt really depends what the funds include. What it you fund manufacturers when preppers buy guns/ammunition? What if you fund companies buying out defaulted property during housing crisis just to flip it for more money in a few months? It doesn't have to be all immoral, but some companies will be.
- deleted 7y ago[deleted]
- oarsinsync 7y ago> Let's say you think there is a pandemic coming and you invest in mask manufacturers. They use your investment I generally invest in exchange listed companies. When I invest, I'm buying from someone else, not from the company. They already got paid when they floated. They're not seeing a dime through exchange trade unless they make more shares available, diluting everyone else's investment in the process. So when I invest, someone else gets paid. They may get paid or less than they paid when they bought, but they're getting paid. Not the company I invested in.
- unishark 7y agoBasically you have unnecessary production capacity losing money the majority of the time, which can only pay off during infrequent emergencies. Then if price-gouging laws prevent you from charging more during an emergency you won't make your money back.
- onetimemanytime 7y agoYour kids will named and shamed in school cause daddy jacked up the prices when people are dying. The government needs to invest, and even keep a few essential factories on standby or buy, say linens from factories that if needed will make masks. WTH, we invest $700 BILLION in the military and if you don't have antibiotics, scrubs and other basics, what's the point? The government bailed out car companies and other than jobs, it also means that in a WW scenario, the GM and Ford factories will make tanks instead of cars. Some things re essential.