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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: MCsweet who wrote (41083)	1/17/2011 10:24:25 AM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 78748

MCsweet, I like what you say. However, I wanted to probe this a bit deeper if you don't mind. :) How far do you take this rule? Are banks - who have been screwing their customers - out? GS? Insurance companies - most of them make money by either overcharging their customers or wiggling out of payouts? HI - mortuary business based on pushing grieving relatives high cost products? For-profit-education? Drug companies that have been accused (and settled more than once with FDA/regulators) on pushing their drugs through doctor wine&dine and consumer marketing? (+ possible overcharging for unique drugs; + hiding safety issues ) Traditional Chinese Medicine - placebo/unproven results? Nutritional supplements - same? Multi-level marketing schemes? DELL - sales of defective computers? INTC - monopolistic destruction of competition? MSFT - same? IDCC - patent troll? Cigarette companies? Booze companies? Junk food companies that ruin people's health (yeah, KO & PEP are there)? Monsanto? BP? (I skip political issues like defense contractors). Just wondering where to draw the line. Disclosure: I own stocks in pharmas, nutritional/TCM companies, oil companies, defense contractors, insurance companies, HI, GS, IDCC, some banks, MSFT. I could buy stocks in for-profit education, DELL, INTC, booze companies, junk food companies. I don't buy cigarette companies, meat industry, MLM, payday lenders. My ethical standards are very inconsistent. :)