This has already gone deeper than almost anyone knows. I have a buddy that has a sole proprietorship where he does contract maintenance on large food processing and packaging equipment. He had to create an ESG “policy” statement for his company with himself as the only employee just to qualify to be hired by a variety of companies that you all have heard of such as Tyson foods.
Really hoping ESG falls by the wayside, like "factor investing" did years ago. The big players push it to their benefit, get immunity, and screw the person just trying to plan for their future. Lather, rinse, repeat. In Vegas parlance, "the house always wins".
How much is a fossil fuel centric fund up this year?
I’m not advocating for an all in on anything, but… it would seem illogical to completely omit from a plan, one of the commodities everyone uses in one way or another every day. Call me crazy
The fraud is that it’s part of a money laundering operation to draw funds into companies that use the funds to support Democrats. It’s really no different from what teachers unions do.
Read a little Teresa Ghilarducci and you’ll know that this the vehicle to make public pensions “wholly funded” again. All private retirement accounts may only be held in the custody of your state of residence. The state laws/rules for this were put in place, IIRC, from 2010 through 2015, depending on how blue your state’s legislature was at the time.
FTX got a higher ESG score on “Leadership & Governance” than Exxon Mobil
This has already gone deeper than almost anyone knows. I have a buddy that has a sole proprietorship where he does contract maintenance on large food processing and packaging equipment. He had to create an ESG “policy” statement for his company with himself as the only employee just to qualify to be hired by a variety of companies that you all have heard of such as Tyson foods.
Really hoping ESG falls by the wayside, like "factor investing" did years ago. The big players push it to their benefit, get immunity, and screw the person just trying to plan for their future. Lather, rinse, repeat. In Vegas parlance, "the house always wins".
How much is an ESG centric fund down this year?
How much is a fossil fuel centric fund up this year?
I’m not advocating for an all in on anything, but… it would seem illogical to completely omit from a plan, one of the commodities everyone uses in one way or another every day. Call me crazy
The fraud is that it’s part of a money laundering operation to draw funds into companies that use the funds to support Democrats. It’s really no different from what teachers unions do.
Read a little Teresa Ghilarducci and you’ll know that this the vehicle to make public pensions “wholly funded” again. All private retirement accounts may only be held in the custody of your state of residence. The state laws/rules for this were put in place, IIRC, from 2010 through 2015, depending on how blue your state’s legislature was at the time.
Is there an ETF for stocks with awful ESG scores?