Friday, August 05, 2005

God vs Satan in the Stockmarket

Everybody loves money, but some people like to invest in companies that don't do horrible things like undermine the institution of marriage by offering benefits to employees' unmarried partners or selling alceehol; thus virtue funds are born. Others choose to use their hard-earned money for awesome: beer, porn, tobacco and gambling - they can invest in vice funds.
Moralising is all well and good, but you can't argue with the bottom line. Apparently both virtue and vice funds have both been beating the general market.
interestingly, both virtue and vice funds invest in weapons, obviously a good pick in recent years.
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