Stocks markets go up and down, but no matter what the economy is doing, people worldwide continue to drink, smoke, gamble, and fight. Why not invest in vice?
Vice Fund Manager, Dan Ahrens focuses on "sin stocks"- tobacco, alcohol, adult entertainment, gambling, and aerospace/defense, contending that even during an abysmal economy, people will continue to indulge in these goods and services.
In Investing in Vice, Ahrens explores all major aspects of the vice industry and provides traders and investors with:
o A brief history of each principal vice industry
o Strategies for building a profitable portfolio
o Charts of each industry's stock performance
o Instructions on how to invest in vice-pros and cons of full service brokers, managed portfolios, and mutual funds
o Top Picks-of the best companies, and top stock holdings
o Reasons why Socially Responsible Investing may not work
With its lighthearted tone and simple approach, Investing in Vice is the ultimate defense in these troubled economic times.
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Dan Ahrens is President and Treasurer of the MUTUALS.com family of funds. He has appeared on CNN, CNNfn, ABC News, CNBC, MSNBC, and the BBC. When the Vice Fund was launched in August 2002, it attracted enormous publicity and has since been featured in The New York Times, Time, Barron's, Fortune, Financial Times, The Wall Street Journal, and many others. He lives with his wife in Dallas, Texas.
An increasing number of mutual funds are touting a "socially responsible" approach to investing, which often means that they avoid companies involved in vices such as drinking, smoking, gambling, and adult entertainment. Ahrens and his colleagues at MUTUALS.com decided to take the opposite tack and in August 2002 launched the Vice Fund, which invests exclusively in "sin stocks." Believing that these politically incorrect industries are relatively recession proof, Ahrens also claims that the so-called socially responsible investing community is filled with hypocrisy and contradiction and may even be misleading millions of investors. Anheuser-Busch, maker of Budweiser, may be considered a sin stock, but it is also one of the top recyclers in the country, and no one is accusing it of cooking the books, either. Ahrens' short, lighthearted manifesto includes brief analyses of companies such as alcohol giant Diageo PLC, Altria Group (formerly Phillip Morris), and Harrah's Entertainment. The alcohol, tobacco, and gaming industries are here to stay, so why not put a little fun in your portfolio? David Siegfried
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Descrizione libro St. Martin's Press, 2004. Hardcover. Condizione libro: New. Codice libro della libreria P110312325045
Descrizione libro St. Martin's Press, 2004. Hardcover. Condizione libro: New. book. Codice libro della libreria M0312325045
Descrizione libro St. Martin's Press, 2004. Hardcover. Condizione libro: New. Codice libro della libreria DADAX0312325045
Descrizione libro Condizione libro: Brand New. Book Condition: Brand New. Codice libro della libreria 97803123250461.0
Descrizione libro St. Martin's Press. Hardcover. Condizione libro: New. 0312325045 New Condition. Codice libro della libreria NEW6.0135844