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re: Help me put together a Based portfolio...public companies that are not woke

Posted on 8/6/20 at 3:20 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4172 posts
Posted on 8/6/20 at 3:20 pm to
quote:

Don't let emotions and personal feelings get in the way of you making money.


10x

Whether it’s politically based or some other factor, when your investing becomes emotion based, it’s just a matter of time before you fail at investing. It’s the very definition of money in a weak hand.
Posted by Ramblin Wreck
Member since Aug 2011
3899 posts
Posted on 8/6/20 at 5:00 pm to
quote:

Whether it’s politically based or some other factor, when your investing becomes emotion based, it’s just a matter of time before you fail at investing. It’s the very definition of money in a weak hand.


There are a lot of pension funds that black list stock purchases from companies that don’t support the Paris Climate Treaty, climate change legislation, include LBGT friendly language in corporate work place discrimination rules, openly push for affirmative action promotion practices etc.

Not picking sides, but “Emotion” based investing decisions is probably more of an issue with those that describe themselves as “left / liberal” leaning. Radical left extremist are much more effective at boycotts. I mean Chick-fil-A only managed to keep a restaurant open like a week in London.
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