# Prof. Marcin Kacperczyk's research on sin stocks is highlighted

1 December 16, 2011 Smartmoney ![](/sites/default/files/styles/246w/public/assets/images/con_030943.jpg?itok=_uNI2o6o)>

Excerpt from [SmaryMoney](http://www.smartmoney.com/invest/funds/401k-plans-get-responsible-1318458228287/) -- "Some research has found that the best-performing stocks over long periods are in the 'sinful' categories like tobacco, says Marcin Kacperczyk, an assistant professor of finance at New York University's Stern School of Business."

[Read more](http://www.smartmoney.com/invest/funds/401k-plans-get-responsible-1318458228287/)