Senior Member
Ideology & Investing: politicians and ESG funds
Politicians Want to Keep Money Out of E.S.G. Funds. Could It Backfire?
States are supposed to act in the best interests of citizens and retirees. Divesting from E.S.G. funds and companies like BlackRock that run them may create legal jeopardy.
https://www.nytimes.com/2023/01/30/y...sultPosition=1
David G
Harbor Woodworks
https://www.facebook.com/HarborWoodworks/
"It was a Sunday morning and Goddard gave thanks that there were still places where one could worship in temples not made by human hands." -- L. F. Herreshoff (The Compleat Cruiser)
Senior Member
Re: Ideology & Investing: politicians and ESG funds
Why on earth would you not want to look at ESG issues as part of your evaluation of a company before investing?
Steve
If you would have a good boat, be a good guy when you build her - honest, careful, patient, strong.
H.A. Calahan
Senior Member
Re: Ideology & Investing: politicians and ESG funds
Because... FREEDOM!!!!! MAGA!Originally Posted by stromborg
David G
Harbor Woodworks
https://www.facebook.com/HarborWoodworks/
"It was a Sunday morning and Goddard gave thanks that there were still places where one could worship in temples not made by human hands." -- L. F. Herreshoff (The Compleat Cruiser)
Senior Member
Re: Ideology & Investing: politicians and ESG funds
It is foolish to argue about fiduciary duty for a pension fund that is in the 94th percentile where the 1st percentile is best.
https://ncpolicywatch.com/2022/08/05...k-market-boom/
Life is complex.
Senior Member
Re: Ideology & Investing: politicians and ESG funds
Presumably,only those who care more about their rate of return than the mess their holdings leave behind.
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