Comments on: Socially Responsible Investing part 8: Gambling and tobacco – a form of ethical investing? http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing Discussion about ethical issues relating to business Wed, 31 Aug 2011 15:10:53 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Metal Halide Lamp http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing#comment-29415 Metal Halide Lamp Thu, 16 Dec 2010 06:11:36 +0000 http://www.goodhonestdollar.com/?p=115#comment-29415 investing is tricky, sometimes you win and sometimes you loss. Risk takers win of course :". investing is tricky, sometimes you win and sometimes you loss. Risk takers win of course :”.

]]> By: Mervin Doak http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing#comment-7590 Mervin Doak Fri, 08 Jan 2010 00:27:22 +0000 http://www.goodhonestdollar.com/?p=115#comment-7590 I don't know if I agree with this article. I mean there are a lot of ways to look at this, don't you think? What makes one opinion so much more valid than any other? I don’t know if I agree with this article. I mean there are a lot of ways to look at this, don’t you think? What makes one opinion so much more valid than any other?

]]> By: Andrew http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing#comment-693 Andrew Mon, 06 Oct 2008 10:08:54 +0000 http://www.goodhonestdollar.com/?p=115#comment-693 Brad, I certainly agree with your comment about taking a complete amoral viewpoint when making choosing appropriate investments. That said, as you observed on one of my earlier posts, there are some types of investors (hegde funds, speculators) who most likely do not attach a particularly priority to ethical factors when making their investment decisions. The process of deciding exactly what to exclude from ethical portfolios can in practice prove to be quite difficult, and different people would have differing views about what to should and should not be excluded. Personally, the tobacco industry is my 'pet hate' industry, given their history of dishonesty about the health effects of smoking. I don't see that any tobacco company has made sufficient effort to be considered in SRI portfolios. Yet some other investors may not share my views about tobacco, but may feel more strongly about other industries, such as uranium mining or animal related products. Cheers Andrew Andrews last blog post..<a href="http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing" rel="nofollow">Socially Responsible Investing part 8: Gambling and tobacco - a form of ethical investing?</a> Brad,

I certainly agree with your comment about taking a complete amoral viewpoint when making choosing appropriate investments. That said, as you observed on one of my earlier posts, there are some types of investors (hegde funds, speculators) who most likely do not attach a particularly priority to ethical factors when making their investment decisions.

The process of deciding exactly what to exclude from ethical portfolios can in practice prove to be quite difficult, and different people would have differing views about what to should and should not be excluded.

Personally, the tobacco industry is my ‘pet hate’ industry, given their history of dishonesty about the health effects of smoking. I don’t see that any tobacco company has made sufficient effort to be considered in SRI portfolios. Yet some other investors may not share my views about tobacco, but may feel more strongly about other industries, such as uranium mining or animal related products.

Cheers

Andrew

Andrews last blog post..Socially Responsible Investing part 8: Gambling and tobacco – a form of ethical investing?

]]> By: Brad Shorr http://www.goodhonestdollar.com/gambling-and-tobacco-a-form-of-ethical-investing#comment-679 Brad Shorr Fri, 03 Oct 2008 12:53:38 +0000 http://www.goodhonestdollar.com/?p=115#comment-679 Andrew, This is a very troublesome topic. Tobacco companies, in particular, are a quandary for me. Tobacco is legal, and some of the stocks are spectacular (especially these days), yet, I don't want to support their business. All I know is, whether you are an individual investor or a fund manager, it's got to be wrong to take a 100% amoral view. Brad Shorrs last blog post..<a href="http://www.wordsellinc.com/blog/blogs/a-hat-tip-to-blogs-i-read-in-silence/" rel="nofollow">A Hat Tip to Blogs I Read in Silence</a> Andrew, This is a very troublesome topic. Tobacco companies, in particular, are a quandary for me. Tobacco is legal, and some of the stocks are spectacular (especially these days), yet, I don’t want to support their business. All I know is, whether you are an individual investor or a fund manager, it’s got to be wrong to take a 100% amoral view.

Brad Shorrs last blog post..A Hat Tip to Blogs I Read in Silence

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