this post was submitted on 24 Dec 2023
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Whenever someone is a successful businessman, I assume either:
a) Arms Dealer, so these are all Yuri Orlov.
b) or something worse, such that if we learned about it, we'd wish it was just some guy selling used AKs in Africa, for instance the Sacklers and Purdue Pharma. Or an arms dealer who represents the United States.
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.
I'm pretty sure I've bought a product owned by Nestle in the past year. Does that make me a monster?
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.