ESG Investing

[BIGDADDYFROMCINCINNATI]

(02-08-2023, 03:21 AM)NATI BENGALS Wrote: Not something I am too familiar with.

This was a decent read.
https://corpgov.law.harvard.edu/2023/02/02/esg-investing-after-the-dol-rule-on-prudence-and-loyalty-in-selecting-plan-investments-and-exercising-shareholder-rights/

I see a few things.

Sounds like fear mongering. And yet another chance to cry woke.

Biden is concerned about democracies ability to keep up with autocracies. This sounds like it could improve competition and allow the free market to do it's thing.

And isn't a diversified portfolio ideal?

Exactly, this is fear-mongering just like the tabloid news that has declared itself as "For entertainment purposes only, " channel Fox always screaming about "Biden's woke agenda," when most ppl who don't watch the garbage spewed on Faux news have zero clue about what "Woke" means.  The people who believe this garage are the same who think the WWE is real.  There isn't a financial advisor out there who's promoting ESG investing as a main strategy.  It could be a fund or a strategy out there, but there are 1,000s of funds and strategies offered by 100 different companies.  If it's used then the client requested it or it is just a minor part of a larger portfolio.   President Biden's main agenda is defending democracies E.g., Ukraine, and trying to tackle the inflation Trump created by printing $ 15 trillion to bail out businesses and the stock market to keep the investor class happy. 

Fox is all about fear-mongering and trying to gin up their audience over nonsense to get ratings. After all, Sean Hannity just gave a sworn deposition that he knew Trump's election lie was false but he knowingly promoted trump's big lie to retain viewership from going over to NewsMax or ONN.  If Hannity is going to swear under oath he knowingly reports things that he knows are false to retain viewers, and Fox continually uses the Tabolid defense to keep from being sued then why would any reasonable person with any common sense whatsoever believe much less repeat their nonsense?   GTFO of here with the Bull Sh!t.