ESG

This may be the most stupid paragraph I’ve read this week!!

This is a WSJ article discussing investors 18 to 41 views on Environment, soial and governance investing.


“For in*stance, more than one-third of the younger in-vestors said they would be will*ing to lose 11% to 15% of their re*tire*ment sav*ings to en*cour-age com*pa*nies to have gen*der and racial di*ver*sity mir*ror*ing the gen-eral pop*u*la*tion, but only 3% of the older in*vestors said they would for*feit that amount for that goal. About two-thirds of the older in*vestors said they were un*will*ing to lose any money to sup*port di*ver*sity.”

I guess when you have had everything handed to you, earnings don’t matter.

http://www.kysportsreport.com/forums...-of-the-market

Quote:

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Originally Posted by MickintheHam

This may be the most stupid paragraph I’ve read this week!!

This is a WSJ article discussing investors 18 to 41 views on Environment, soial and governance investing.


“For in*stance, more than one-third of the younger in-vestors said they would be will*ing to lose 11% to 15% of their re*tire*ment sav*ings to en*cour-age com*pa*nies to have gen*der and racial di*ver*sity mir*ror*ing the gen-eral pop*u*la*tion, but only 3% of the older in*vestors said they would for*feit that amount for that goal. About two-thirds of the older in*vestors said they were un*will*ing to lose any money to sup*port di*ver*sity.”

I guess when you have had everything handed to you, earnings don’t matter.

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Right now ai would be happy if I ONLY lost 11-15% of my IRA. Mine is down nearly 20%, and I expect it to get worse

Truth is, that creates an opportunity for everyone else to invest in companies that provide good returns....as their investments go bankrupt!