September 3, 2002 10:32 AM Subscribe
Tired of all those namby-pamby "socially responsible
" mutual funds out there? Me too. That's why I'm putting my money in the Vice Fund
, the first socially irresponsible
mutual fund. It started trading today, investing in companies that benefit from smoking, drinking, gambling and defense spending.
"It is our philosophy that although often considered politically incorrect, these and similar industries and products...will continue to experience significant capital appreciation during good and bad markets. We consider these industries to be nearly 'recession-proof.'"
posted by me3dia (34 comments total)
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