Best Place to Earn the Wages of Sin Dallas 2002 - The Vice Fund
Remind us again: What exactly makes Dallas the "buckle" of the Bible Belt? Granted, when it comes to vice we're no New Orleans--our food isn't nearly that good--but when you consider the availability of nudie bars, porn shops and illicit slots here, it ain't exactly Vatican City either. Case in point: Dallas-based Mutuals.com Inc. this summer launched its Vice Fund (www.vicefund.com), a mutual fund devoted to investing exclusively in tobacco, alcohol, gaming and defense stocks--i.e., the growth industries. We can't speak to the wisdom of their investment strategy, but their honesty, at least, is refreshing.