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ESG Investing – The Great Wall Street Money Heist
Assessment: Wall Street is once again in the midst of a “money heist” from naive investors. This time in the form of “woke activism” called ESG … ESG refers to the Environmental, Social, and Governance risk theoretically embedded in a business. However, while ESG investing is about taking these risks into account in investment decisions, these are all the things NOT on a company’s balance sheet or earnings statements. Such is the inherent problem. However, as is also the case, with