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True, this is actually happening as we speak. There will be a bifurcation, once enough flywheel speed has picked up; ESG funds will see competitor funds that wi
by systemvoltage 4y ago
True, this is actually happening as we speak. There will be a bifurcation, once enough flywheel speed has picked up; ESG funds will see competitor funds that will outperform. No wasting money on greenwashing or other ESG bullshit. Totalitarianism has to fight a war with reality and facts. It is unsustainable (pardon the pun).
- inglor_cz 4y agoIt is likely that some foreign funds (Arab, Chinese) won't give a damn about ESG anytime soon, if at all. That said, this is how you end with critical technology in potential adversaries' hands.
- tablespoon 4y ago> ESG funds will see competitor funds that will outperform. No wasting money on greenwashing or other ESG bullshit. Would that work? IIRC, stock prices aren't so much about performance, just who wants to buy your stock. Decreased actual performance from "greenwashing or other ESG bullshit" might be overwhelmed by demand by ESG pots of money.