This will be the last post I write before heading for Kenya tonight, and that is probably appropriate.
To some this post may seem like standard fare for me, yet in reality it marks something of a watershed moment. After all, I'm officially "biting the hand that feeds me."
Watch below, and if you're so inclined you can continue reading...
If you haven't read through Parts of My Story over on the right sidebar, I'll give you the detail pertinent to this conversation: I spent 12 years working in the investment business in Toronto, and 10 of those years were with Fidelity Investments.
If you do take the time to read more, especially Jumping of a Cliff Slowly, You'll see that I loved working with Fidelity. I loved my job, and I loved the people I worked with and for. When I did leave, it wasn't for any moral or ethical reason, it was because God told me to, plain and simple. Finally, the reality is that the few dollars that we have put away, the dollars that allow us to live as we are now, at least for the time being, came straight out of Fidelity's treasury.
So all in all, I owe the company a debt of gratitude.
On the other side of the equation, I'm not suggesting that Fidelity become an "ethical" investor. I didn't like ethical funds when I was in the business, and I still don't. However, what they have missed is an opportunity to stand up and say in a symbolic manner that what is going on in Sudan is not right, not acceptable, and that they are not going to be a part of it in any way.
"...business and financial considerations only." (Emphasis mine.) One wonders about South Africa. If you'll allow me to stretch back even further, I'm left to speculate if their response would have been the same if there were mutual fund investments in Nazi Germany in the 1930's. Of course not. I hope. And if not, what is different now?
There's a lot more I could go on about on this one, but there's no time. Talk among yourselves while I'm gone. Robert, I believe you have the floor.
(h/t to Beth on the video.)