As regulatory risk has been reduced and performance expectations have risen, for profit prisons such as Geo Corporation have seen their stock rise in price while some voice objections Strubel Investment Management, a firm that invests in “sin” stocks such as tobacco, alcohol and defense contractors, has no interest in for profit prison management, a category firm CEO Ben Strubel categorizes as “thoroughly corrupt from top to bottom.” Big profits in the past might not be as bountiful in the future as expectations narrow Writing in a research report nearly a year ago, the issues with for profit prison investing remain…
For Profit Prisons Offers Investors Moral, Financial Challenges
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.