No. of Recommendations: 4
sounds like someone jonesing for a new sympathizer\collaborator theme etf to provide capital.
(once I stop laffing), that could be a viable idea. Anyone who noticed how brownnosers at their company get ahead, while those more focused on getting their job done, do not, would appreciate the idea. Only thing is, the administration's list is "dynamic", companies rise or fall based on what they have been doing for the administration lately. Without continuous access to the list, to monitor rises and falls. your ETF could, for instance, be heavy in a particular drug company, that suddenly displeases the administration, and finds it's most profitable drug ordered withdrawn by the FDA.
Realistically, most company managements will catch on pretty quick, so a broad based fund would avoid being overexposed to a single company that goes off the reservation. Over on the Fool, for a while, DrBob was keeping track of companies that, very publicly, abandoned DEI policies.
*****before anyone flames me for this, how else would you explain the compiling of the company list, if not to implement a reward and punishment system, and administration official conformation to Forbes the existence of the list, if not to whip companies into line?****
Steve...not really joking about this.
