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Politics : Politics for Pros- moderated

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From: isopatch	10/17/2022 1:51:20 PM
	3 Recommendations Recommended By kech pak73 Winfastorlose of 793879

Lack of practical intelligence dooms hi cognitive intelligence only left wing power nodes to bigger & bigger financial losses. And it IS happening. One example among many. < Harvard Endowment Lost $2.3B Last Year Due to ESG Investing 10/17/22 ESG investing is a euphemism from the left that means divesting from fossil energy companies. ESG investing has become all the rage in recent years. We have shared a number of articles about large pension funds in places like New York City divesting from fossil energy companies. As is typical, California is way ahead of the rest of the country in this regard. The huge California Public Employees’ Retirement System (CalPERS), with $479 billion in assets under management, has been investing using ESG guidelines for more than a decade. A recent Wall Street Journal article revealed CalPERS has lost huge amounts of money by focusing on ESG investing (see Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes). Harvard went all-in last year with its ESG investing program–and lost $2.3 billion!> marcellusdrilling.com

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