One attraction of index investing is that nobody is responsible for any investing decisions. If I buy an index fund, I am just following sensible standard financial advice about indexing and diversification; if that index fund happens to hold stocks in companies that I find objectionable, I can say “well that’s not my fault, I didn’t buy, I just bought the index fund.
And so in theory you can have a lot of ordinary people investing their money in companies that they find objectionable, through mutual funds whose managers find them objectionable, based on an index whose compilers find them objectionable. Nobody
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Analysts love these cheaper stocks from the U.S. and beyond — and expect one to doubleCNBC Pro screened for stocks that are cheaper than those in the broader S&P 500 and MSCI World indexes, with at least 20% upside.
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Morgan Stanley's Slimmon names top tech stocks to buy after earnings seasonMorgan Stanley's Andrew Slimmon said there are reasons to be a 'little cautious' coming out of the busiest week for earnings.
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