FIG 0.00% 2.0¢ freedom insurance group ltd

Wrong. Morality is subjective, you made a loss not because of...

  1. 163 Posts.
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    Wrong. Morality is subjective, you made a loss not because of morality, because it was a bad investment decision. Tobacco companies and weapon manufacturers has traditionally been out-performers by a long-shot, since they represent 2 out 3 biggest industries in the world: weapon, drugs and sex.

    A substantial proportion of Australians lack life and funeral cover, almost all of Freedom's new customers acquired last year never had life & funeral cover prior, meaning they are simply reaching to the uninsured market rather than competing in a "red ocean". If done right, "selling" should be "helping" those people.

    For a while I didn't invest in mining companies and media companies, believing the former was immoral and later was deceptive, later I realised it was my just my own opinion.
 
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