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It's a risk to the investment firms because it would deplete an upside they get from this investment: the halo effect.
by Arnor 12y ago
It's a risk to the investment firms because it would deplete an upside they get from this investment: the halo effect.
- cpwright 12y agoBut it would create a financial upside. They are a fund after all, and you'll find plenty of institutions investing in LMT, NOC, and friends. You might lose some of the halo effect for one audience, but gain it from another. Not everyone things defense (or if you prefer weapons, or arms dealing) is a bad sector to be in.
- deleted 12y ago[deleted]
- rdl 12y agoDepending on the military application, it might still have a halo effect. Great skill in manipulating magnetic fields would probably be useful for: MRI. Detecting landmines and UXO in a field from a UAV or otherwise safe distance. Detecting submarines, including those by terrorists or rogue states transporting NBC weapons. While those are military applications, they're fairly unalloyedly positive. Even the hypothetical plasma rifle isn't necessarily a bad thing; if a plasma rifle allows rich countries like US, Japan, etc. to overmatch poor countries and thus prevent war, that's kind of a plus.