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Forum Thread

Does anyone buy stocks in the companies they hate?

3,246 1,585 January 11, 2017 at 06:27 AM
Does anyone buy stocks in the companies they hate? If so, which ones? What do you think of this investment strategy?

I'd like to reference this article: http://www.moneytalksnews.com/whe...-you-hate/
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Joined Dec 2005
My # is bigger than yours
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SnakePlisken
01-11-2017 at 06:55 AM.
01-11-2017 at 06:55 AM.
yep, i have tons of enron stock. want to buy it?
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Joined Sep 2006
IVIodel citizen
> bubble2 19,431 Posts
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Fallacy
01-11-2017 at 07:01 AM.
01-11-2017 at 07:01 AM.
What if I don't hate any companies?
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Joined Jul 2003
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> bubble2 35,473 Posts
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DC
01-11-2017 at 07:18 AM.
01-11-2017 at 07:18 AM.
Quote from Fallacy :
What if I don't hate any companies?
Then you are put on several environmental group's "Watch List"
Hide
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Joined Nov 2005
L10: Grand Master
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Dr. J
01-11-2017 at 07:56 AM.
01-11-2017 at 07:56 AM.
yes. I have Apple stock but don't own a single one of their devices and think their business angle is moronic - but the lemmings lap it up.
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Joined Feb 2010
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idkist
01-11-2017 at 08:37 AM.
01-11-2017 at 08:37 AM.
Who care if you personally hate the company as long as it is likely you'll make some money from the stock.
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Joined Jun 2006
Jambi-rific in Seattle!
> bubble2 31,436 Posts
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Zoe Moon
01-11-2017 at 08:44 AM.
01-11-2017 at 08:44 AM.
Quote from Dr. J :
yes. I have Apple stock but don't own a single one of their devices and think their business angle is moronic - but the lemmings lap it up.
I think we have some of their stock too, DH handles our portfolio so not sure we still have it and yes, both of us think Apple is ridiculous.

Only Apple device I have is an old iPod that I won years ago. Haven't used it since we got the Sonos setup for the house, used to use it while doing housework.
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Joined Jun 2008
~~ FårtKïllêr~~
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iRabbitt
01-11-2017 at 09:09 AM.
01-11-2017 at 09:09 AM.
The stupidest thing I ever did was buy 1000 shares of microsoft stock at the offering price of $21.

9 splits later and it's was only worth 750 million dollars when I sold it in 2005. WTF!
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Joined Dec 2009
I AM The Walrus
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The.Walrus
01-12-2017 at 08:32 AM.
01-12-2017 at 08:32 AM.
I bought Carbonite in 2012 after they announced that they were dropping Rush Limbaugh, and I hit it 0.02 off it's low!

Sold it about a year later and more than doubled my money.
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Joined Jul 2003
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DC
01-12-2017 at 08:37 AM.
01-12-2017 at 08:37 AM.
Quote from The.Walrus :
I bought Carbonite in 2012 after they announced that they were dropping Rush Limbaugh, and I hit it 0.02 off it's low!

Sold it about a year later and more than doubled my money.
Nice!!nod
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Joined Feb 2010
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idkist
01-12-2017 at 12:43 PM.
01-12-2017 at 12:43 PM.
Quote from iRabbitt :
The stupidest thing I ever did was buy 1000 shares of microsoft stock at the offering price of $21.

9 splits later and it's was only worth 750 million dollars when I sold it in 2005. WTF!
Secret You forgot the part of your post where you're supposed to provide your name, address, SSN, DoB, and mothers maiden name.
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Joined Dec 2007
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Kabn
01-12-2017 at 02:26 PM.
01-12-2017 at 02:26 PM.
first: what an incredibly superficial article.

second: i don't get people who have passionate feelings about large companies. if you dig deep enough in any business of even a medium size, you're going to find things you like and things you don't.

i own a lot of mutual/index funds, so i likely own stock in business whose products/services i dislike, but i couldn't care less as long as they keep making me money.
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Joined Oct 2012
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littlebat
01-15-2017 at 09:55 PM.
01-15-2017 at 09:55 PM.
i thought the OP was going to ask "Does anyone buy socks in the companies they hate?" : D
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Joined Mar 2005
I run SD Secret Santa
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w3kn
01-16-2017 at 06:48 AM.
01-16-2017 at 06:48 AM.
I owned Altria (Parent company of Phillip Morris) for a while. I wasn't proud of it, but they made me some $$.
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Joined Dec 2008
Divided states of America
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inquisitive
01-16-2017 at 04:03 PM.
01-16-2017 at 04:03 PM.
I hate tobacco products especially cigarettes, but i've made quite a bit of dough on Altria Group and still hold their stock for almost 12 yrs now.
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