London Co. Finding Success Investing In Guns, Death And Jail

Supply and demand dynamics are at play in markets in sometimes subtle ways. Take serious “sin” stocks, for instance. I’m not talking about sugar addicting Coca-Cola or the politically incorrect convict Dov Charney and his one-time empire at American Apparel. This is about sins that actually kill people, dead, not just hurt fragile feelings, offend delicate sensibilities or contribute to obesity. And there is a hedge fund manager for such sin investments, one that leverages supply and demand driven markets to find value in sin: London Company of Virgina’s Stephen M. Godderd.

33,599 U.S. gun deaths is a sign of booming business...

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