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The original was posted on /r/wallstreetbets by /u/kujiranoai2 on 2024-08-18 05:05:24+00:00.
A few years ago I came up with the investment thesis that the world was not a happy place and evil people seemed to be doing quite well, so I decided to go long evil with my investments. I thought Facebook, Palantir, Raytheon and Philip Morris would be a good place to start.
Since then my evil portfolio has done extremely well in with Facebook (up more than 400%) and Palantir (up more than 250%) and reasonably well in the case of Raytheon and Philip Morris - albeit nothing spectacular like the other two.
I'm interested in investing in more evil companies - I had in mind Correction Corporation of America and Nestle (after a friend told me their CEO thinks all drinking water should be privatized) plus I've already invested in a couple of drone manufacturers as well It looks like evil companies with a tech aspect seem to be doing well, but overall evil seems on the up.
Would anyone have some suggestion on truly evil companies I could invest in, perhaps some non-US shares as well?
PS I'm interested in investment opportunities in really appallingly evil companies rather than just your average corporate wrong doing - accounting fraud, price gouging and routine worker exploitation probably wouldn't make the grade - although I do have a soft spot for exploitative monopolies.