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Is it wrong to invest in crony businesses?

Crony companies -- similar to Orren Boyle's Associated Steel in "Atlas Shrugged" -- seek government favors, such as subsidies for themselves and controls on competitors. Yet their stock may perform well in the short to medium term. Is it immoral to invest in such companies?

Cary Yates , 15.04.2013, 08:33
Idea status: under consideration


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