When Investment Is Informed by Politics, It's Not Investment

When Investment Is Informed by Politics, It's Not Investment
AP Photo/Richard Drew

For most people, the purpose of investment is to provide for retirement, provide for a rainy day, or--if one is fortunate--take care of one's descendants.

However, for an increasing number of investment professionals it has become another means for pursuing a political agenda that may or may not comport with that of their investors.

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