the FM is just reflecting what his clients want to invest in... that was the whole point of starting the PAX fund in the first place... to get the best return they can on stocks that FIT their faith/lifestyle not just stocks with the best ROEThat has got to be the STUPIDEST investment strategy ever known in the history of mankind. Everyone of the "investors" (and I use the term loosely) in that fund needs to be sent a copy of Atlas Shrugged, The Wealth of Nations, and Basic Economics by Thomas Sowell.
Sometimes I really think I went to sleep one night and magically woke up in Bizarro World... honestly.
the FM is just reflecting what his clients want to invest in... that was the whole point of starting the PAX fund in the first place... to get the best return they can on stocks that FIT their faith/lifestyle not just stocks with the best ROEDo you know what the return on an investment with these folks is? I have no idea - just curious if it is a successful strategy.
Nov 22-23, 1963.
Why are you railing at an investment company choosing its stocks however it jolly well pleases?