Dennis in MA
NES Member
- Joined
- Feb 12, 2007
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There was another "ESG sucks" article in the WSJ. Maybe Saturday??? Friday??? Gross underperformance. . . again.
As if your purchase of Hoe-Foods is gonna support Hoe-Foods. That's not how the stock market works. All you are doing if you bid up hte Hoe-Foods stock price is make the Hoe-Foods officers happier about their stock options. Basically, if you are ESG-minded, you are sorta pissed that executives get all sorts of extra $. LOL. It's self-defeating form of investing even when it works!
As if your purchase of Hoe-Foods is gonna support Hoe-Foods. That's not how the stock market works. All you are doing if you bid up hte Hoe-Foods stock price is make the Hoe-Foods officers happier about their stock options. Basically, if you are ESG-minded, you are sorta pissed that executives get all sorts of extra $. LOL. It's self-defeating form of investing even when it works!
