Comment on Am I a bad person if (as left as they come) I invest in American Private Prison contractors on the assumption that Trump will go through with his deportation scheme at least to some extent?

blazeknave@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

I think the private prison system is one of the worst institutions in the world. I think the reality of the stock market has no connection to capital reinvested into businesses vs shareholder dividends. Investments at this scale are not like giving a three person startup 2 million dollars. They’re not growing their businesses by putting it all into capex.

Are you an asshole for gambling on whether Trump will keep his word, using the systems in front of you? Dare I say it? No. You’re not.

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