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No news here. This kind of thing happens all the time already. Catholic teachers pension doesn't want to invest in Budweiser, a Seventh Day Adventist run hospit
by pdeuchler 12y ago
No news here. This kind of thing happens all the time already. Catholic teachers pension doesn't want to invest in Budweiser, a Seventh Day Adventist run hospital fund won't want to invest in Tyson etc. etc. etc.
Is it really that surprising that people are choosy about what they invest in, and that translates into professional investors also being choosy (whether on behalf of their clients or themselves)?
- exelius 12y agoInvestors of this sort are an extreme minority. Nearly all professional investors are effectively amoral and will do whatever makes the most money (legally - because if it's illegal and you get caught, you lose money).