Investing

The dilemmas for investors that come with socially-responsible investing

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Come on, Amazon, do we really need another headache?

I’m not talking about you missing third quarter earnings last week. I’m talking about the article in the Wall Street capitalist-defending-Journal (not the New Yorker).

Amazon, it seems, is one of the few retailers that did not sign a pledge refusing to consign, purchase, or sell apparel from a list of 300 factories in Bangladesh that were found unsafe, following the 2013 building collapse that killed over 1,100.

The dilemma for our firm relates to how we feel about Amazon stock. We only own 35 names, so each piece of portfolio real estate is valuable. Amazon sits on one of those lots and it’s been a strongly appreciating asset. We’ve…



Source cnbc.com

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