The Motley Fool invokes The Master to explain the moral pitfalls of socially responible investing:
Besides, basing your investments on emotion can lead you to some weird places. Suppose you’re a die-hard environmentalist opposed to mining companies’ practices. Does that mean you’ll boycott any product made with metal? Where do you draw the line? As author Robert Heinlein wrote, “Just bear in mind that a person who eats meat is on the same moral level as the butcher.”
I am also reminded of Mama Maureen’s newspaper column about investment tips in “To Sail Beyong the Sunset.”
motley fool,maureen,to sail beyond the sunset,heinlein
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