From Booklist
An increasing number of mutual funds are touting a “socially responsible” approach to investing, which often means that they avoid companies involved in vices such as drinking, smoking, gambling, and adult entertainment. Ahrens and his colleagues at MUTUALS.com decided to take the opposite tack and in August 2002 launched the Vice Fund, which invests exclusively in “sin stocks.” Believing that these politically incorrect industries are relatively recession proof, Ahren…
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