The Pope and Environmental Responsibility

For the first time in 1600 years, the Catholic Church is led by a pontiff with abiding and deep-seated humanistic views.  Now, the Pope calls for divestment from companies not committed to environmental stewardship.  Truly great stuff.

FWIW, this is not hard to do, even if you’re in mutual funds and ETFs that have diverse portfolios.  One way to do this is simply to follow the investment advice of Tom Konrad, PhD, at  He’s a magician.  The other is to pick a mutual fund that doesn’t invest in things of which you disapprove.  Personally, if it hurts people or comes out of the ground, I don’t want to own it.