Well done. Thanks for weighing in on this topic. I’m always looking for maximum honesty amidst the mixed bag of scientism that comes from the huge amount of false beliefs that get perpetuated.
Thank you Prof. for the excellent session. As Henry David Thoreau said, "It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience."
I’m curious why you didn’t mention that every single “impact” or ESG fund is literally identical to any growth or mega cap fund. Look through this impact investment advisers funds and when you see the top 30% holdings are APPL, NVDA, MSFT, etc it just makes you go Ohhhhhhh so it was never about impact HA! These funds require 5-20% of their holdings to reflect their “impact” statement....and coupled with all of your observations about how it’s allowed politicians to get away with more....I’d be interested in what you think about that. Will any of this sht hold up in court? Like actually tho...
I loved the facts driven analysis you have provided and some of the statistics are eye opening for me. For example the share of fossil fuel in energy mix of US.
I know you have touched upon it but I am still troll trying to reconcile in my head what the current picture of equity markets and energy mix would have looked like without the the impact investing vogue.
Well done. Thanks for weighing in on this topic. I’m always looking for maximum honesty amidst the mixed bag of scientism that comes from the huge amount of false beliefs that get perpetuated.
ESG is a demoralized social credit score: https://yuribezmenov.substack.com/p/how-to-raise-your-esg-score
Less absolutism, more pragmatism, great one ... thank you!
Thank you Prof. for the excellent session. As Henry David Thoreau said, "It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience."
I’m curious why you didn’t mention that every single “impact” or ESG fund is literally identical to any growth or mega cap fund. Look through this impact investment advisers funds and when you see the top 30% holdings are APPL, NVDA, MSFT, etc it just makes you go Ohhhhhhh so it was never about impact HA! These funds require 5-20% of their holdings to reflect their “impact” statement....and coupled with all of your observations about how it’s allowed politicians to get away with more....I’d be interested in what you think about that. Will any of this sht hold up in court? Like actually tho...
I loved the facts driven analysis you have provided and some of the statistics are eye opening for me. For example the share of fossil fuel in energy mix of US.
I know you have touched upon it but I am still troll trying to reconcile in my head what the current picture of equity markets and energy mix would have looked like without the the impact investing vogue.