The Recession-Proof Portfolio: Investing in Vice Companies
No matter how the economy is doing, people around the world continue to drink, smoke, gamble, and have sex. So, why not invest in vice industries? Catharine Dockery, founding partner of Vice Ventures, an early-stage venture capital fund, invests exclusively in non-traditional companies that are typically avoided by investors and even prohibited due to vice clauses. She shares her investment philosophy, makes the case for harm reduction investing, and opens up about her journey as a woman in finance from Wall Street to VC. Filmed on October 7, 2020.