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Originally Posted by Cynthetiq
It is clear that you don't understand how businesses and investors operate, you don't want to understand because you stop at ETHICS and don't want to hear more than that.
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According to you, that's my choice:
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Originally Posted by Cynthetiq
The investor gets to have a choice, they can either also be ethical and sell their stocks and lose potential gains or invest and make gains.
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This seems clear, though you seem certain that selling stocks in an unethical company automatically means an opportunity cost. That's really not necessarily the case. When and if there is a serious shift in government, Haliburton could find itself not just in financial trouble, but legal trouble as well. At that point, the stocks will sell low and all of those people who chose your supposed gains over ethics will be SOL.
Quote:
Originally Posted by Cynthetiq
I don't care that it's not ethical, in fact the next time you get that itchy feeling that you don't want some of that cash in your wallet or bank account, you just feel free to send it this way.
See there are ethical companies, just like there are ethical people. There are companies that do the right things and there are companies that do the wrong things, but because some do wrong you seem to rather toss out the baby with the bathwater.
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It's not tossing out the baby with the bathwater, though. It's tossing out theoretical gains with the bathwater (or blackwater, nyuk nyuk), and it's doing so in order to make the world a better place. For some people, myself included, that's a different kind of investment. It's just as theoretical, but it's something I'm happy with.
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Originally Posted by Cynthetiq
You'd rather there be nothing because you can't live with any duality. That's great! Everything in your life must equal failure at some point then...  good onya! |
This is a strawman. I never said anything about "nothing". All I said was that one should bear ethics in mind and not just be profit-centric in their economic decision making. I stand by that.