Sunday, 11 May 2014

STANFORD UNIVERSITY TO SELL ALL ITS COAL STOCK

Here is the story. I think the headline figure of 18 billion dollars refers to the whole of their portfolio, and not the value of coal stock, which is probably quite small. I am sure there are plenty of other investors out there who will buy up the surplus stock, if it represents good value. This seems to come under the heading of "gesture dealing".

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