02-11-2023, 03:32 AM
(02-10-2023, 10:03 PM)Stewy Wrote: Give me an opinion based upon the law as it is written. Not Fox's take on it. Where is your information coming from? Why should I take anything you've said (or anyone else) as viable opinion when all you've referenced is FOX.
Where is your source? Where is your opinion based upon the law? All you've done is quote fox and given a bunch of opinions based upon what? Followed by shyting on someone's opinion after they read the law and gave the summary I asked for. I'm a scientist friend. I work on evidence and data and facts. Tell me the source of your opinions outside of FOX and we can move forward.
i'm not trying to be a dick man but shit you're making it impossible to discuss this with.
None of my points are based on the fox article dude. if you read the fox article (which you clearly didn't) then read my points (which you also clearly didn't) you'd find they are completely unrelated.
I started making some tables yesterday to show the difference in performance between funds but then i reminded myself the people on this forum read what they want to read so what's the point? ESG = bad for your wallet and should not be forced upon anyone....and should also be disclosed. Blackrock (among other companies) has been accused of not disclosing it in their practices with their non ESG funds but publicly says they use it.
1) There is no standard, so ESG shouldn't be used unless the fund manager says "Hey this is an ESG fund."
2) The returns are not on par with normal funds despite what you think you know (if that's what you want, cool...it's up to the individual investor because it should be a PERSONAL preference, not a fund preference (which you already agree upon)
3) Ignoring the "E" in ESG, the "S" and the "G" are completely subjective and not based upon any financial facts and are completely a personal opinion. I mean, the E isn't either but at least there's some science behind it.
How hard is that to understand?
I also linked to an article outside of fox news....i didn't ask anyone to read it because i used it as a reference point for my points of discussion but it's pretty abundantly clear you also skipped over it.
So now i'm exiting this thread so it can die.
