Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: An increasingly popular method of investing has been socially responsible investing (SRI), an ethics-based strategy in which investors construct portfolios that typically eliminate firms on an exclusionary (or negative) basis. Among the equities often excluded, either individually or from SRI mutual funds, are ones belonging to companies engaged in “sin” industries, such as alcohol, tobacco and gaming. SRI has now been expanded to reflect a broader category, referred to as ESG (environmental, social and governance). Regards, Ted http://mutualfunds.com/education/sin-as-an-investment-strategy/
