The Benefits of Investing in Religious Organizations

The Mormon church has a huge investment arm over probably I think over like a hundred billion dollars that you know from excess of tides like leftover that they actually are investing. So it was a whistleblower because this guy used to work on Wall Street and then he started managing the funds for the church, which is tax-exempt. The name of the nonprofit was Esau P. If you watch the segment you can follow this along which allows it to grow tax-free. But that's why I say even that when you're looking at a stock please write this down. You want to see what the institutional ownership is. It's unfortunate but they lobby to make these rules so that they can build these