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Sep. 4--THE VIRTUES OF INVESTING IN VICE: First, a disclaimer. This column appears as a matter of record only and does not constitute an endorsement of, or a solicitation to purchase the securities described herein, and blah blah blah ...
But we do intend today to explore a strange new corner of the investing world. Call it a reaction to the proliferation of "ethical" mutual funds. Such funds steer clear of companies linked to alcohol, tobacco, armaments, child labour, Burma (or pick the pariah state of your choice) ... the list can be very long depending on how politically correct the investors are.
To each his own, say Eric McDonald and Dan Ahrens, who ...