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> ESG investing stays strong Because that's the only game in town, mind-share wise. > The anti-woke do not have the numbers on their side for now. but as you
by ekianjo 3y ago
> ESG investing stays strong
Because that's the only game in town, mind-share wise.
> The anti-woke do not have the numbers on their side
for now. but as you move to digital currencies and when banks start to punish you by kicking you out of your account for having non-mainstream discourse online, things may change. Those days are not too far.
- epistasis 3y agoPeople aren't going to decide first "I want to do political investing, not let's decide between ESG or anti-woke." ESG investing exists because there is demand for it. Anti-woke investing, or a parallel economy, does not exist because there's not enough demand for it. Saying that ESG investing is strong because it's "the only game in town" gets the causality all wrong Anti-woke options are there, they failed due to their unpopularity, not because ESG investing anlready exists.
- ekianjo 3y ago> ESG investing exists because there is demand for it. Which demand? I can't imagine that suddenly shareholders woke up and considered that "we don't care about making money anymore, now we are going to add metrics that have nothing to do with making profits"