My rule of thumb when I meet a rich person is that they probably killed someone/something. Arms dealer, environmental engineer who signed off on a mine that killed off an endangered toad, high-end lawyer who got some criminal asshole off the hook, shit like that. Never do I think that someone improved society.
Here’s what I don’t get. You can get “ethical” investments, that avoid all the really horrible companies, land mine manufacturers, Nestle, etc, and those investment packages have less returns.
But why can’t you get a package with only the awful companies in it, that gives more returns?
My rule of thumb when I meet a rich person is that they probably killed someone/something. Arms dealer, environmental engineer who signed off on a mine that killed off an endangered toad, high-end lawyer who got some criminal asshole off the hook, shit like that. Never do I think that someone improved society.
Prove me wrong kids. Prove me wrong.
Tom Hanks.
Let’s see his investment portfolio.
Here’s what I don’t get. You can get “ethical” investments, that avoid all the really horrible companies, land mine manufacturers, Nestle, etc, and those investment packages have less returns.
But why can’t you get a package with only the awful companies in it, that gives more returns?
You can. It’s called Goldman Sachs Mutual Fund.
I’m pretty sure I’ve bought a product owned by Nestle in the past year. Does that make me a monster?