Why some fundamental tenets of the ESG religion are flawed
OPINION: And how to profit from these investment decisions.
The ESG crowd argue that one should divest oil stocks because their assets will be ‘stranded’.
Unlike many financial advisers who continue to pick stocks for clients, I have a great deal of respect for the efficient market hypothesis (EMH). It is not perfect but, like Winston Churchill may have said about democracy, it is better than most of the alternatives.
One of the key conclusions of the
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