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What Would Jesus Buy: Investor Charts Course for $2 Billion Fund (1)

Sept. 21, 2022, 3:51 PM

It’s a good day on Wall Street, high temple of Mammon, when Robert Netzly proclaims the power of God.

At 4 p.m. New York time, 2 p.m. here in Idaho, Netzly takes a break after the market close, gathers his analysts and sales reps and turns to the Book of Romans. He’s been praying on a question you never hear on the Street: What would Jesus buy?

Netzly has his list: 24,000-or-so stocks that do and don’t conform to his reading of the Bible. A hard no: Amazon.com Inc. Never mind that its stock has appreciated 845% in 10 years. ...