The real esg would be if a big fund did a buyout of a coal company and just fired everyone and put the mineral rights in a perpetual trusthttps://twitter.com/EconomPic/status/1371947847227039747 …
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I think it's cool how much ESG messes w peoples minds. Like it's incomprehensible for people that it's hard to define, could be incremental and that it can also change over time. Honestly surprises me that it's not a bigger bogeyman on here/in finance
Hahaha I see plenty of complaining about it although on here it's mostly about how it's a cash cow for index licensors that literally add no value
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that's the kind of complaint I can get behind. I meant more like the people that have had 10 years to figure out why we still haven't hit hyperinflation not being equally outraged that companies are gaming it to get that sweet sweet capital allocation
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