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Investing In Virtue Is Hard When So Few Companies Measure Up
Conclusion: "socially responsible investing may be a worthy goal, but it’s no panacea. Investors who are serious about it may have to decide which comes first: doing well or doing good."
Sums it all up pretty well. It's an imperfect world. All over the place, at every turn, wherever you look. Which is to say that sadly, our systems are built with money in mind, not virtue. I recall an old episode of the tv series, "Thirtysomething," from back in the '90s. "Michael" was brought up short by a new employer, who told him: "we are in the business of doing business. If we do some good along the way, then it happens along the way. It's not the point." I like the "Thirtysomething" theme. Enjoy:
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Sums it all up pretty well. It's an imperfect world. All over the place, at every turn, wherever you look. Which is to say that sadly, our systems are built with money in mind, not virtue. I recall an old episode of the tv series, "Thirtysomething," from back in the '90s. "Michael" was brought up short by a new employer, who told him: "we are in the business of doing business. If we do some good along the way, then it happens along the way. It's not the point."
I like the "Thirtysomething" theme. Enjoy: