Welcome to the first edition of Thursdays with Seth, our recent addition to the UNIFI blog! This is a new segment we will be running where I, Seth Coster, the finance director of UNIFI, will drink a shitload of coffee and then furiously muse about a variety of occurrences that have happened over the past week. Then, I'll give you an atheist finance tip of the week. I am only doing this once per week, so these posts may be longish(ly amazing). Let's get started!
Sex Priest (With Potatoes)
I was eating dinner at the dining center and accidentally sat by a horde of Bible humpsters. Yes, I am suggesting that they hump Bibles. One of these heroes of righteousness happened to be a full-fledged priest, complete with a white collar. The friend I was waiting for arrived and sat down across from me, next to the priest, and began ranting about someone she knew who had been having sex with random strangers. The priest pretended not to hear... but he knew.
Which made me wonder: would God, if he wasn't imaginary, want this priest to speak up? Or would he want the priest to continue shoveling potatoes into his mouth and pretend that nothing was happening? I guess we'll never know. That is, unless God tells a crazy person on a mountain top.
THOU SHALT NOT SHOVELETH MASHED POTATOES INTO THINE MOUTH WHILST ADJACENT HEATHENS SPEAKETH OF FORNICATION!
The Bible: Not Just for Beating!I need to find someone who can make comics.
Frame 1: A zealot is holding a Bible aloft, beating it furiously with one hand while pointing at passers-by and shouting various condemnations at them.
Frame 2: A calm, rational person arrives on the scene and looks at the zealot for a moment.
Frame 3: A stare-down ensues (while the zealot continues beating the Bible)
Frame 4: The rational person takes the Bible from the zealot's hands and opens it.
Frame 5: The zealot says, startled, "I didn't know it did that!"
This comic idea ran through my head as I was considering how anti-Christian many Christians in the U.S. tend to be. Greed? Condeming people? Disapproving of progressive social programs that help the poor? Laziness? Come on. Jesus would have puked in his tiny magic underpants if he had seen some of these people today. If you claim to be a Christian, at least read the damn Bible!
Monk Sketch-Bag
A monk approached me on campus the other day and offered me a book on meditation. I asked, "Why would I want to meditate?" He said, "It frees us from our thoughts." I couldn't figure out why that would be a good thing. I asked, "So you're just giving these books out?" He said, "Yes, but we do accept donations in exchange for the books." I paused for a moment.
"So you're selling them?"
"No, you can have it for free if you want, but we are very poor and don't have much, so any contribution you can make would be appreciated." I looked at him briefly and said, "I don't have any cash." He then reached into his sketchy monk bag (referred to in Monk circles as a Sketch-Bag) and pulled out a
credit card swiper. I kid you not. "We can just swipe your card right through here!"
The fact that he was a monk made me trust him even less than I would have if he was some random dude with no teeth. I gave the book back. "No... Actually I think I'm good." I have no qualms with not being free from my thoughts. I then heroically scooted off into the sunset.
Correlation, Causation, and a Blood-Faced Wizard
I saw Gandalf walking across campus. Actually, it was a guy with a crutch, a robe, a beard, and fake blood smeared all over his face. He yelled at me, "HEY!" I almost crapped my jeans, but then I realized that with his crutch, he would never be able to catch my scooter. "WHAT?" I shouted back.
"You must like haunted houses," he said.
"Why would you think that?" I asked. He looked at me for a second and responded, "You have a scooter. Guys with scooters like haunted houses." I paused to think and realized that he was, in fact, correct. I like haunted houses, I ride a scooter, and I am a guy. These three things happening simultaneously could not have been a coincidence. As a Pastafarian, I cannot deny that correlation always implies causation, even when you use a guess to create the correlation in the first place.
Skeletons Don't Need Clothes
Why do we bury dead people in nice clothes? Is this why suits are so damn expensive? How much cheaper would formal wear be if we stopped throwing it into the ground by the truckload? These people are dead. They don't need clothes! And they certainly won't be taking their clothes to heaven with them, because if anything, they'd be going to hell. I'm just operating on the assumption that they have all rejected at least one monotheistic religion in their lives. And guess what? Suits burn in hell.
Mouth BurnsSpeaking of things burning in hell, hot chocolate is far less delicious when you are in agonizing pain. If God exists, why does he allow hot chocolate to be so hot?
God Prank
Every now and then, something happens that makes me question whether or not a vengeful deity is looking down on me and randomly jamming his finger into the orifices of routine that make up my life. Today I discovered that in one of my notebooks, about 30% of the pages are missing perforations. But it's hard to see, so I keep trying to tear out non-perforated pages, leading to a mess of torn paper and a broken heart. The only explanation for this is that, because I am a godless moron, God has decided to inject an inordinate amount of mayhem and terror into my life by making my study sessions slightly annoying. Somebody save me.
Atheist Finance Tip of the Week:Hey! Are you an atheist with no moral foundation and a huge pile of money? Do you want to make that huge pile of money more huge? Then maybe you should think about investing in
SIN FUNDS! Or... should you? You are probably asking yourself, "Hey, self! What the hell is a sin fund?" Well if you don't know, you're asking the wrong person. Luckily, I'm here to set you straight.
There are two types of "moral investing." You can dump your money into
SOCIAL CONSCIENCE FUNDS, which are
mutual funds that diversify into various "good" companies. Social conscience funds look for assets that relate to charities, eco-friendly companies, and other hippie-ish stuff. One example is the
Parnassus Fund. To give you a picture of how well social conscience funds do, between June of 2007 and October of 2008, the Parnassus fund went from $37.00 per share down to $27.00 per share. That's a
decrease of 27%.
The alternative, of course, is Sin Funds. They diversify into gambling, alcohol, tobacco, and military assets. Why military? Just because social conscience funds avoid military investments. If the good people avoid it, it must be bad! Also, it turns out that killing people is bad. The most popular Sin Fund is called the Vice Fund.
Let's check the performance of the Vice Fund for the same time period as we looked at with the Parnassus Fund. It declined from $20.20 down to $13.78, or a
decline of 32%.
As it turns out, both Sin Funds and Social Conscience funds get the crap kicked out of them in recessions. For some closure, let's do a quick check on some more recent returns between these two funds. We'll look at October 2008 through October of 2009.
Parnassus Fund: $25.69 to $33.63 (increase of 31%)
Vice Fund: $13.75 to $14.32 (increase of 7%)
At least in recent times, the Parnassus Fund has done much better than the Vice fund, both in terms of losses
and gains. The moral of the story: having morals pays off (financially). However, both funds are expected to increase
over time, and the recent crash is not what we would call typical market behavior. We'll have to go back and check in a couple years to see how these funds behave under more normal market conditions, if there is such a thing anymore.
It appears, then, that at least right now, investing in social conscience funds
may be more profitable than investing in sin funds. Don't take it for granted, though, because the future prices of any assets as these are, at the core, unpredictable. So if you want to be the bad guy, go ahead and dump some money into a sin fund, and see what happens!
See you next Thursday!