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I've asked this at least once before on HN but... ... anytime I hear about values-based investing, I wonder about whether there's a way to customize the partic
by schoen 6y ago
I've asked this at least once before on HN but...
... anytime I hear about values-based investing, I wonder about whether there's a way to customize the particular values and beliefs that an investment fund prioritizes or worries about!
It seems like the existence of the Catholic ETF that you mentioned is a sign that people are gradually expanding the scope of values-based investing, but I wonder if anyone would offer more explicitly fine-grained products.
- tlb 6y agoYou can, of course, pick individual stocks for the ultimate in fine granularity. Is the desire for a fund driven by saving time doing your own research, or something else?
- schoen 6y agoYeah, I guess the idea that "the market" is still a more desirable investment than "a portfolio" but that it might be hard to assess or hard to keep up with who is doing well or poorly on certain criteria. But those criteria might also not be as widely shared as something like leftism, environmentalism, or Catholicism (and people might also broadly support leftism, environmentalism, or Catholicism, while dissenting from some particular parts of their mainstreams).
- toast0 6y agoI may be a bit optimistic, but the moves to zero comissions and fractional share ownership should make it possible to do this kind of thing independently. Although, managing 500 stocks would be a giant pain, maybe a future wave of brokerage improvements will help with that?