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Larry Swedroe: Sin Stocks Are Profitable

FYI: While socially responsible investing (SRI) and the broader category of environmental, socially responsible and governance (ESG) continue to gain in popularity, economic theory suggests the share prices of “sin” businesses will become depressed if a large enough proportion of investors choose to avoid them.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-sin-stocks-are-profitable?nopaging=1
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