8.16.2024

We probably live more environmentally friendly than environmentalists

Today we bought a small number of shares in British American Tobacco Industries, p.l.c. Common Stock ADR (BTI) to the world's most perfect teenager's portfolio. Our goal with the money we save for Junior is for it to grow and at the same time give as much return as possible.

"Saving the planet" or investing "green" while maximizing growth and returns is not a match made in heaven, we have no principles when it comes to owning shares in companies whose business areas are tobacco or alcohol to Junior. Opinions on what constitutes "green" investing also differ depending on who you talk to.

Personally, I believe that nuclear power plants are much more environmentally friendly than wind power plants. Wind turbines kill an incredible number of birds, leak oil, create a noise that scares the animals in the road and, above all, they cannot be recycled.

We contribute to the environment more "hands-on", we walk instead of driving, have only flown once since 2020, we have only driven our soon-to-be-one-year-old electric car 2175 miles (3500 km) and we don't buy fast fashion.

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