2Wk
Although it would be a good choice from a capitalistic point of view, I consider it to be extremely questionable from a moral point of view and would never include it in my portfolio as an individual stock, just like Coca-Cola.
I think their handling of the world's groundwater resources is incredibly questionable.
I think their handling of the world's groundwater resources is incredibly questionable.
•
22
•@Metis say things like that and then hold shares in a company that now needs nuclear power plants for data centers and blackrock, which is felt to be involved in all the others. So your statement carries very little weight
•
22
•@Metis To each his own opinion. But for me it's incomprehensible...
Anyone who wants to "do nothing wrong" lives independently in the forest - without breaking a branch that doesn't fall by itself and only eats what is already loose and has no possibility of reproducing on its own...
Those who invest profit from consumption - consumption has consequences - always.
Anyone who wants to "do nothing wrong" lives independently in the forest - without breaking a branch that doesn't fall by itself and only eats what is already loose and has no possibility of reproducing on its own...
Those who invest profit from consumption - consumption has consequences - always.
•
33
•2Wk
You can't make money with morals... 🙂
•
11
•2Wk
@TobiasSimple I explicitly wrote "AS AN INDIVIDUAL VALUE". I am fully aware that they are included in most ETFs and I have to accept that if I want to make money on the capital market.
That doesn't mean I have to endorse their business idea or buy their shares individually.
That doesn't mean I have to endorse their business idea or buy their shares individually.
•
11
•@Metis Well, I think it's more about the fact that many companies are ripping people off. So almost every savings bank also rips people off and countless business models are immoral. Therefore very contradictory to avoid only Nestlé.
•
11
•2Wk
@topicswithhead That's right, but I've never been a customer of the Sparkasse. :D
I just don't want to support everything.
I just don't want to support everything.
••
@Metis Nestlé will almost certainly spin off the water business under the new CEO; plans to this effect have already been communicated. Then you can invest in Nestlé again with a clear conscience: from a financial point of view, you should do so anyway. Pecunia non olet, and if you take over a majority stake in Nestlé at some point through the acquisitions, you can also turn the business around operationally 😉
•
11
•