Why the Sustainable Investment Craze Is Flawed

The sustainable investment craze sweeping Wall Street is flawed, says Streetwise columnist @jmackin2. Here's why.

Trusts/Funds/Financial Vehicles, Alternative Investments

1/23/2022 4:30:00 PM

The sustainable investment craze sweeping Wall Street is flawed, says Streetwise columnist jmackin2. Here's why.

The first in a series of Streetwise columns about the failed promise of funds guided by environmental, social and governance principles, known as ESG.

Updated Jan. 23, 2022 5:36 am ETThe financial industry has spotted an opportunity to make money by helping people feel good about themselves. Despite claims to the contrary, these investments don’t do much to make the world a better place.

Read more: The Wall Street Journal »

Ray Liotta joyfully told us about his 'nutty' next movie 'Cocaine Bear'

Before his death at the age of 67, Ray Liotta spoke to Newsweek and told us which upcoming projects he was most excited about. Read more >>

jmackin2 This is pure bullshit. jmackin2 Meanwhile isn't GME still at 100? Lets face it, the entire concept of Wall Street is flawed. jmackin2 If you can spare 10bucks then pls buy my book to support me. For further details check my pinned tweet and RT if you can. Thank you. jmackin2 Wonder if he’s putting his money where his keyboard is

Why Wall Street is celebrating Joe Biden’s low approval ratingOPINION: A president’s approval rating is often inversely correlated with the stock market. Here’s why. GARBAGE NEWS. Lol Biden’s about to be the most unpopular president ever. According to the chart it’s bad news bears for the market What the fuck is this bullshit lmfao delete this

Mark Cuban says 80% of his investments that aren't on 'Shark Tank' are crypto-related: Here's 'where I look to invest''The investments I'm making now are not in traditional businesses,' Mark Cuban recently told Jon Stewart. Here's why he's bullish on the crypto space. MakeIt Remember what always happens when people think $btc is dead MakeIt over expozz'd MakeIt He got in early when it was less than $1K. Most of the Billionaire’s do because they throw their money everywhere because they have so much. It only take a few to hits when it’s cheap to cover all the loses. Similar to when I bought NIO as a speculation at $1.50. Got lucky.

Meat Loaf Ascends to Rock Heaven“Meat Loaf embraced a kind of courageous, fuck-it aplomb—he made records that were loud, infectious, theatrical, rebellious, dorky, sex-crazed, and beloved,” amandapetrusich writes. amandapetrusich I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent SamAndCoTradin guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work amandapetrusich Now he can see Paradise by the dashboard lights. amandapetrusich His name was Michael. Not Marvin. “Only in death will we have our own names.”

What Ants Can Teach Humans about FarmingHow tiny fungus farmers made a model of sustainable agriculture. We can learn a lot from nature about how to handle resources. Biomimicry is an important field that should be applied more widely. caulk_inspector 💚💚🐜🌱👍

Ohio Gov. DeWine applauds Intel for largest-ever single investment in state historyThe $20 billion investment is part of Intel's $100 billion investment pledge as the company seeks to reclaim its spot as the top chip manufacturer. Amc 2:50$ or € a buy for 5 years + long !! We are the CEO

Electric Airstream trailer concept points to the future of sustainable glampingElectric trailers like this Airstream concept will allow EVs to drive even further.

james.mackintosh@wsj.com Updated Jan. 23, 2022 5:36 am ET The financial industry has spotted an opportunity to make money by helping people feel good about themselves. Despite claims to the contrary, these investments don’t do much to make the world a better place. ESG funds, as they are known, promise to invest in companies with better environmental, social and governance attributes, to save the planet, improve worker conditions or, in the case of the