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You have to survive

You have to survive
Every day is a battle, survival is rule #1

Wednesday, December 16, 2015

Investing green

But as the U.S. government fiddles while the earth heats up, an unlikely hero is emerging from the shadows that may end up saving the day—Wall Street. From green investment portfolios to ecofriendly shareholders, Wall Street is helping to divert capital away from the polluters of the world to cleaner—and, in many cases, more lucrative—alternatives.

I have heard a lot about divesting from fossil fuels lately.  I think its mostly about chasing potential gains.  If people were serious about the environment they would be doing this every year instead of exactly while oil shows big losses.  Some green investors will switch back later and use whatever excuse they can.   Making good trades is about making good bets with available opportunities, not changing the world.  That is a beginners mistake.

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