TheDeadFlagBlues
Junior Chimp
Posts: 5,990
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« on: April 04, 2016, 06:55:30 PM » |
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As someone who was part of a divestment effort, I can't take this seriously. Most investments, whether they're 401ks or endowments or various indexed funds, are difficult to track at the level of the firm and, as a result, individual investors, and institutional investors as well, tend to ignore the specifics of investment in favor of looking at broad categories and yields. Obviously, I think that institutions should make ever possible effort to limit the manner in which their endowment finances ethically dubious practices but individuals face steeper constraints, particularly if they're investing their money for the sole objective of retirement. The opportunity cost of delving into portfolios far exceeds the social benefit of moving a few dollars here and there. This is not true for institutions but it's very true for pensioners...
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