iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,904 Blog Posts

TOP: New Vegan ETF is Fucking Retarded

You’d think the new US Vegan Climate ETF (ticker: VEGN) — which seeks to track “Beyond Investing” (whatever the fuck that means) would at least have some BYND in it, and maybe some STZ to compensate for the sad fucking lives they all have for living without bleeding meat. But no — these assclowns stacked the ETF with faggotry from Silicon Valley and even Visa — because Vegans love their fucking debit cards.

Look at that shit. When I think vegan the last thing I think of is Bank of America —  those sustainable fucking assholes. Do you think At&t when you think of climate change? What in the fuck are these people smoking? This is false advertising and they should be sued. Not only should they be sued, they should have to pay a fine and also time in jail — fucking jail — for committing a great fraud on healthy unsuspecting vegan American.

This is a travesty. Write to your local Congressman.

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8 comments

  1. numbersgame

    Beyond Investing is a company.

    The US Vegan Climate Index (VEGAN) is a stock index that “demonstrates that it is possible to obtain broad-based market exposure, whilst adhering to animal and environmentally-friendly principles.”

    VEGN is an ETF that tries to track the performance of the Beyond Investing VEGAN index.

    What kind of an idiot investor buys solely based on the Ticker symbol? It’s like buying FANG for exposure to high-beta tech stocks. I don’t expect everyone to read the whole prospectus , but investors should at least read the basic profile or Google it.

    Speaking of which, I can see why Amazon isn’t on here, but wonder why Google is missing?

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    • bankindamonkey

      People buy FORD all the time when trying to by Ford(F).

      I agree with Fly in that this is pretty clear pandering. With the name US Vegan Climate Index and ticker symbol VEGN, how are they investing in these companies manufacturing throw away plastic and electronic parts left and right. None of these companies have a mission involving “adhering to animal and environmentally friendly practices?” And if they do, it is marketing, not reality.

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  2. bobbin4apples

    …defend your bullshit creation.

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  3. spaceman

    I think gold is quite vegan friendly it’s totally natural coming from the ground and originating from the outer cosmos GOD’S COUNTRY!

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    • numbersgame

      Besides the fact that the land is turned into a giant dirt pit, are you seriously unaware of the other heavy metals that are found near gold and often end up in the water supply during mining operations?

      search “gold mining environment”

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  4. sebo2000

    Best post I have read for a long time. VEGN ETF is such a fucking scam, regardless of what people say about reading prospectus, 99% of fucktards are investing based on emotions. I can see LGBT ETF soon coming out. Full disclaimer, I got vegn shares because I know once it spreads all the snowflake fucktards will be buying it like hell simply to make a statement about their proud lifestyle, I do not mind making few bucks off them. It is great marketing move, but shit like that should be illegal, and creators should be out of Wallstreet. Whats next?:

    “Trump Haters” ETF, TH
    “Mexican Minorities ETF” MM
    “Feminists ETF” F
    “Black ETF matters.” BEM
    “Me2 ETF” M2E
    “Gender Neutral ETF”

    If members actually invest, they would be first to dig in.

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  5. Raul3

    Those are mostly all investable companies, but why not just use Motif and tell that fee-charging ETF to go fuck itself?

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