Hi Nishant,
Really nice to see this topic being brought up.
I always wondered if someone else apart from me also practice these ethics.
I avoid all the stocks in the categories you mentioned. I don’t mind not making money with these stocks. I never buy cigarettes, alcohol, animal products, gambling, pharma related stocks. All the examples stocks were coming to headlines for buying opportunity but I didn’t mind giving them a miss.
I am pure vegetarian and also avoid stocks with high scale of violence against nature.
There are still many stocks and sectors where we can participate, for e.g. to list a few:
1. Education related stocks (e.g. MT educare, etc)
2. Technology, SW & IT
3. Auto
4. Finance
5. Solar energy
6. Manufacturing related stocks not involving high violence
7. Real estate & construction
So, there is still plenty of opportunity for us to make money from stocks not involving in high violence business.
All of us must think about this aspect of investing…
Thanks & Regards,
Amit Jain
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