Jun 06 2010
∞
“ When I heard that BP was destroying a big portion of Earth, with no serious discussion of cutting their dividend, I had two thoughts: 1) I hate them, and 2) This would be an excellent time to buy their stock.
— Dilbert’s Scott Adams in the WSJ. I had a similar predicament about purchasing stocks of Tobacco companies 2001-02, and ultimately decided I didn’t want to invest, though their fundamentals were solid. I’m still thinking about investing in BP, has my moral compass changed over the past decade?