You're missing my point. I will not invest in a company simply because it's on everyone's list. If I believe it is extremely overvalued or worse ie corrupt, I will not invest under any circumstances. That's why you won't see me buying Amazon.
As far as socially acceptable: I wish any of them were. I heard KING is actually one such company but I have yet to invest.
Bottom line is I check the company and if I feel I can make money based mostly on fundamentals, I'll buy it. Of course timing is important so if the TA is good, it adds to the incentive.
As far as real estate goes, if I was in that particular market and I knew I could get a "dump" at such and such a price, only to sell it to some unsuspecting sucker, I wouldn't do it. The money isn't worth cutting my conscience. Same goes for the "pump and dumps" in the market.
Lastly, as a christian we have to consider ourselves as stewards. If I owned a basketball team, I would consider investing in a Michael Jordan (even though there is always the chance he won't perform as expected). On the other hand I would not invest in a guy who is KNOWN to have a history of drug problems, run-ins with the law etc. no matter how talented he was.
I strive to make Jesus Lord of my business decisions. It's that simple. |
