Greed is Good - But is it Profitable?
"Greed, for lack of a better word, is good," declared Gordon Gekko, the fictional antagonist in Oliver Stone's 1987 classic film Wall Street. But was that mantra consistent with Stone's message? Almost certainly not. Ironically, the audience failed to grasp his point - that unrestrained greed could be destructive - and Stone's ostensible villain became a Wall Street idol. Both Gekko's values and style went mainstream, becoming a cult phenomenon both in boardrooms and on business school campuses. It was a case of life imitating art.
23 years later, Stone has returned with a sequel film (Wall Street: Money Never Sleeps), seemingly taking a second shot at communicating his original message. The film's dilemma is the same as the old one - how can Gekko get rich? But this time, "alternative energy" is the focal point for creating wealth.
Green
is Good - But is it Profitable?
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Author: Tyler Mordy
Tyler Mordy
Hahn Investment Stewards & Company
Inc.
Hahn Investment Stewards & Company Inc.
Global Fund Management & Investment Counsel
Ontario: The Exchange Tower, 1800-130 King St. W., Toronto, ON M5X 1E3
British Columbia: P.O. 2609, Station R, Kelowna, BC V1X 6A7
Phone: (888)-957-0602 e-mail:information@hahninvest.com
Tyler is regarded as a leading expert in the burgeoning field of exchange-traded funds (ETFs) and writes an influential, bi-monthly publication called ETFocus. He is a recognized innovator in the design and application of actively-managed ETF portfolios. Tyler's expertise is widely acknowledged, and he has been interviewed by several notable publications including The Wall Street Journal's - Smart Money and City Wire - Guide To Exchange Traded Funds.
Tyler Mordy is a portfolio manager and Director of Research at HAHN Investment. Since joining the firm in February 2003, he has made key contributions in the development of the firm's proprietary portfolio systems. A member of the HAHN Investment Committee, he is engaged in top-down strategy, investment policy and securities selection.
Previously, Tyler began his career at Deutsche Asset Management in London, UK. He earned his bachelor's degree in both Mathematics and English Literature at the University of British Columbia. Mr. Mordy is a CFA charterholder.
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