Tag Archives: entrepreneurial alertness

Why central planning (a prize system) is inferior to patents @mfcannon @catoinstitute

When will @AnnPettifor found a hedge fund to profit from putting other’s money where her mouth is rather than just her own retirement savings portfolio, which I am sure she did

How did the Vice Fund end the year?

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The Vice Fund is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defence/weapons, and alcohol industries. A primary focus of stock selection is the ability to pay and grow dividends.

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Does the Vanguard Social Index ever beat the market? @EricCrampton @JulieAnneGenter

The performance of social investing is so bad that anyone investing other people’s money and having fiduciary duties to the owners of that money should take legal advice. Over the 16 years charted below, socially responsible investing wiped $4,000 off the initial investment of $10,000. Over a lifetime of saving, that is a big difference to the security of your retirement.

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Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.

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Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.

Where does the Vice Fund invest? @EricCrampton

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The Vice Fund, now called the Barrier Fund, is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defence/weapons, and alcohol industries. It continues to beat the market.

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26th anniversary of Julian Simon @PaulREhrlich bet @GreenpeaceNZ @GreenpeaceUSA

Lazy Australian top 0.1% only increased their income under @AustralianLabour

Australia’s top income earners are a lazy lot. The top 0.1% only ever had a rising income share under a Labor government in the 1980s. Even the top 1% had a pretty lean time until the 1990s.

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Source: The World Wealth and Income Database.