When CEOs Divest

This has been such an extraordinary Summer in terms of markets, governments and business there has been too much about which to write. But, something inevitably comes along that stands out as distinctive and worthy of note.

Charlottesville, VA, this past weekend was the focal point for expressions of some of the ugliest thoughts, images and behaviors that fester in America. These rights have been tested before in our history, and my own recollections immediately returned to Skokie, IL, in 1977 and 1978, when the National Socialist Party of America sought to stage a neo-Nazi rally in a heavily Jewish suburb of Chicago. 40 years later we are still trying to sort out whether this type of activity is constitutionally protected. But, from the perspective of a socially or environmentally aware investor, the question is rarely “can you?”; It is “should you?”.

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