Quote (SwamiVivekananda @ Oct 9 2023 08:03pm)
Yea times like these when I see my defense sector stocks sky rocket I feel like a profiteer scumbag but I ask myself....
Lockheed Martin
Northrop Grumman
General Dynamics
Raytheon
Booze Allen Hamilton
L3 Harris
Does anyone at these companies care when they go to take their monday morning shit and their stock option is up 25k. Do they care about the people involved in this conflict? No. No they dont. So how does someone not directly involved in this conflict resolute this conflict? Can't be done. What's more likely?......Expanded warfare and chaos/destruction with no hope of resolution
I position myself in a way that I think makes sense. I buy defense names because I think conflict will continue. I don't buy BYND (Beyond meat) because I don't believe in it, simple as that. It's not your duty as an investor, or the duty of the company or the engineers working for them, to end war.
This post was edited by majorblood on Oct 9 2023 09:13pm