I won’t deny it. I get pleasure out of tormenting Lefty Fundamentalists about their absurdities. I feel entitled to be a tormentor because my parents and I came from that failed Lefty ideological background. I have realized how wrong I was.
When Lefties bemoan some horrible corporation, I am usually inclined to buy stock in the corporation. I did that with Halliburton last year and my stock is up 70%. Thank you Lefties.
I wondered what would have happened if I had invested in all the companies Lefties consider evil.
I’ve put together a politically incorrect portfolio and checked its performance. My portfolio of evil companies is: Wal-Mart (WMT), Starbucks (SBUX), Citigroup ( C), Halliburton (HAL), Microsoft (MSFT) and McDonalds (MCD). Lefties just hate those companies. The corporate names grate on the Lefty teeth like fingernails on a chalkboard.
Starbucks, Halliburton and McDonalds have done well this year, the other three are a wash. Net result is that since the beginning of this year the Dow Jones Industrial Average is exactly where it was, no growth. My politically incorrect portfolio has grown 25%. I made one dollar for each four dollars I put in ten months ago. Pretty good.