Investing in Vice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investing in Vice write by Dan Ahrens. This book was released on 2007-04-01. Investing in Vice available in PDF, EPUB and Kindle. Stocks markets go up and down, but no matter what the economy is doing, people worldwide continue to drink, smoke, gamble, and fight. Why not invest in vice? Vice Fund Manager, Dan Ahrens focuses on "sin stocks"- tobacco, alcohol, adult entertainment, gambling, and aerospace/defense, contending that even during an abysmal economy, people will continue to indulge in these goods and services. In Investing in Vice, Ahrens explores all major aspects of the vice industry and provides traders and investors with: o A brief history of each principal vice industry o Strategies for building a profitable portfolio o Charts of each industry's stock performance o Instructions on how to invest in vice-pros and cons of full service brokers, managed portfolios, and mutual funds o Top Picks-of the best companies, and top stock holdings o Reasons why Socially Responsible Investing may not work With its lighthearted tone and simple approach, Investing in Vice is the ultimate defense in these troubled economic times.
Investing in Vice
Investing in Vice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investing in Vice write by Dan Ahrens. This book was released on . Investing in Vice available in PDF, EPUB and Kindle.
Stocking Up on Sin
Stocking Up on Sin - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Stocking Up on Sin write by Caroline Waxler. This book was released on 2004-02-25. Stocking Up on Sin available in PDF, EPUB and Kindle. A one-of-a-kind guide to investing in vice industries Although vices such as alcohol, tobacco, and gambling may be deemed socially irresponsible, in the investment world, these stocks continue to dramatically outperform the S&P 500 in this depressed market. Stocking Up on Sin shows readers how to get in on this hot investment trend and make the most out of publicly traded companies that deal with "vice" products such as coffee, weapons, alcohol, and tobacco. Caroline Waxler (New York, NY) is a New York-based financial journalist. She contributes regularly to Worth and Glamour magazines as well as the Financial Times. She was also the ghostwriter for Worth's Greatest Stock Picks of All Time.
Vice vs. Virtue Investing Around the World
Vice vs. Virtue Investing Around the World - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Vice vs. Virtue Investing Around the World write by Sebastian Lobe. This book was released on 2011. Vice vs. Virtue Investing Around the World available in PDF, EPUB and Kindle. In this paper, we empirically test the extent to which a portfolio of socially not responsible firms screened out of a market portfolio will trade at a discount. We create a set of global and domestic sin indexes consisting of a large number of publicly traded socially not responsible stocks around the world belonging to what we label as the Sextet of Sin: adult entertainment, alcohol, gambling, nuclear power, tobacco, and weapons. We compare their stock market performance directly with a set of virtue comparables consisting of the most important in-ternational socially responsible investment indexes. Employing a multi-factor performance measurement framework and recent boot-strap procedures for robust performance testing, we find no compelling evidence in the data that ethical and unethical screens lead to a sig-nificant difference in their financial performance.
Vice Versus Virtue Investing Around the World
Vice Versus Virtue Investing Around the World - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Vice Versus Virtue Investing Around the World write by Sebastian Lobe. This book was released on 2015. Vice Versus Virtue Investing Around the World available in PDF, EPUB and Kindle. This paper assumes the role of advocatus diaboli by testing whether an investment in sin stocks can financially outperform an investment in socially responsible stocks. We create a set of global, regional, and domestic portfolios consisting of a large number of stocks belonging to what could be labeled as a sextet of sin: adult entertainment, alcohol, gambling, nuclear power, tobacco, and weapons. We assess the performance of sin stocks against well-known benchmarks, and rerun the identical assessment for socially responsible stocks. We find no compelling evidence that sin stocks, or socially responsible stocks outperform or under-perform, and establish this result in several ways. Consistent with this finding, a hedge portfolio long in sin stocks and short in socially responsible stocks does not outperform the market, either. However, sin stocks are substantially tilted towards value, bear less market risk with an average beta below one, and are prone to momentum relative to socially responsible stocks.
