$200 Party, page-340

First 340 Last

Share
Profile

Follow
redpencil

5,304 Posts.

72

01/07/21

09:29

Post #: 54196952
Share

Originally posted by madamswer ↑

Tell you what I’ll do for you seeing you are a bit time poor.

I’ll summarise my post for you with the following simple points:

1. The average investment returns generated by ethical funds appear to be inflated through the cherry-picking of selected managers for the survey.

2. Those average investment returns are low, in the context of typical portfolio tracking error.

3. Many investors on this forum would generate better investment returns than the ethical fund average.

Now getting back to CSL (after all, this is the CSL thread):

You seem to be suggesting, through your sanctimonious sermonising to the rest of us, that CSL has been a good performer because it is an ethical business.

That it is an ethical business is, in and of itself, not reason alone for CSL’s superior performance.

It’s performance is superior because it is an excellent business model and is run by people who are very astute allocators of capital.

A high level of ethics is a necessary, but not both a necessary and sufficient, condition for business success .

There are a great number of highly ethical, noble and virtuous companies that end up being woeful investments and destroying a lot of shareholder value.

.
.

Expand

Ethical investment funds now going gangbusters. My RMD and COH holdings are at an all time high. CSL I am willing to bet will hit $350 in next 12 months. Anyone interested in the benefits of ethical investing should read this:

Shareholders of Australian Ethical Investment (ASX:AEF) Must Be Delighted With Their 941% Total Return
By
Simply Wall St Published June 01, 2021

CSL Price at posting: $285.19 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

RML

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

FBU

Fletcher Building 'exploring options' around construction division sale

First 340 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $263.95		Change 8.640(3.38%)		Mkt cap ! $127.8B

Open	High	Low	Value	Volume
$258.12	$264.81	$257.91	$311.0M	1.182M

Buyers (Bids)

No.	Vol.	Price($)
1	833	$263.62

Sellers (Offers)

Price($)	Vol.	No.
$263.98	30529	2

View Market Depth

No.	Vol.	Price($)
1	833	263.620
2	87	263.590
1	710	263.490
1	698	263.370
1	780	263.240

Price($)	Vol.	No.
263.980	30529	2
264.080	50	1
264.350	100	1
264.380	143	2
264.390	111	1

Last trade - 16.10pm 22/07/2025 (20 minute delay)

CSL (ASX) Chart

$200 Party, page-340

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Fletcher Building 'exploring options' around construction division sale

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

$200 Party, page-340

Top Stories

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Fletcher Building 'exploring options' around construction division sale

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News