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01 March 2007
Satan's Portfolio
Satan's Portfolio, developed in Jan. 2006, lists only a dozen or so stocks and a mutual fund so far (additions are listed here), but eventually, if Johnny Debacle has anything to do with it, there will be 666 investment options available.
"Ethical and socially responsible investing has made a lot of buzz as a way of dollar voting for a better world. My instinct as an investor says that those fund flows are going the wrong way and their returns since inception back up my argument.
"The more profitable questions to answer are: What does Satan invest in? How does he fund evil? Satan’s Portfolio will track the perfomance of the stocks which Mephistopheles is proud to put his money into, namely, companies who benefit from suffering, death, war, tobacco, nutrasweet and fraud."
[Hey, what about transfatty acids?]
15:06 Posted in consumption , finance and business | Permalink | Email this