Sin Stocks News October 19, 2015
- Strongest Market Sectors Since 1933: Smoking Wins, Steel Rusts Away – Seeking Alpha
Seeking AlphaStrongest Market Sectors Since 1933: Smoking Wins, Steel Rusts Away
Seeking Alpha
So-called 'sin stocks' such as tobacco and beer run away with the best returns. Cyclical sectors and basic materials tended to fare poorest. The article specifically considers the implications of these data for DG investors. Philosophical Economics …
and more » - CalPERS set to divest from thermal-coal companies – Los Angeles Times
CalPERS set to divest from thermal-coal companies
Los Angeles Times
A 2007 paper by economists from Princeton and the University of British Columbia found that so-called sin stocks — companies involved in gambling, tobacco and alcohol — had "higher expected returns than otherwise comparable stocks," despite being …
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