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The simplistic way of saying well I'm not going to invest in this company

I'm going to resolve the problem we don't resolve any problem because if you don't invest in cigarettes cigarettes will exist.

So I think exclusion is not addressing the issue.

Welcome to the Barron Streetwise Podcast.

I'm Jack Howe.

The voice you just heard, that's Andre Kalanzopoulos.

He's the CEO of Philip Morris International,

one of the world's largest cigarette companies.

He wants investors to view his company not just as a source of significant cash flow and

big dividends, but as a corporate citizen of high moral standing.

Should ethics-minded investors buy Philip Morris shares?

Or does the fact that even a cigarette maker wants to qualify as a do-gooder suggest that the ethical investing movement is phony baloney?

Listening in as always is our audio producer Meta.

Hi Meta.

Hi, Jack.

I want to talk about cigarettes and ethics at a time when people in general just

seem angrier at each other than they've ever been.

How do you think it's going to go for me?

...