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The Bob Cesca Podcast: My Soul Is Terrifying

268
Dangerman5/24/2024 9:38:08 am PDT

re: #219 A hollow voice says: Abort SCOTUS

“Boycott US universities for investing in companies that do business with Israel” is, apparently, not a hard sell.

(It actually is, the demonstrations were loud and shiny, so they got lost of coverage, but they didn’t really attract large numbers.)

im gonna guess (yes - no data) that most universities investment committees dont directly invest ‘in companies’. they likely invest in funds. it’s safer and easier. those funds invest in companies.

to specifically target individual companies to own - is very expensive to do. you have to monitor their behavior as well as their financial performance. it could be very costly to divest when a whiff of a ‘bad practice’ emerges even if the valuation is good.

it becomes clear very quickly that almost all ‘investing’ is interrelated. there’s no way to carve out a country. certainly not cleanly, or i might add, financially safely.

and trying to find a ‘pure/clean’ fund is also a fools errand. define ‘doing business with’. what business sectors? military adjacent only? then decide what the threshold is that matters.

this is the same twice removed problem discussed above only here it’s investments and not countries.