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re: BlackRock suffered $1.6 trillion in losses in 6 months

Posted on 7/22/22 at 7:49 pm to
Posted by Big Scrub TX
Member since Dec 2013
33733 posts
Posted on 7/22/22 at 7:49 pm to
quote:

Even if it hurts profits, honor the ESG god.
The S & P was down ~20% through Q2 and the Nasdaq was down closer to 30%. What exact argument are you making here?
Posted by LSUbest
Coastal Plain
Member since Aug 2007
11515 posts
Posted on 7/22/22 at 8:00 pm to
quote:

The S & P was down ~20% through Q2 and the Nasdaq was down closer to 30%. What exact argument are you making here?


If you couldn't read it the first time I doubt you'll get it now.

quote:

pushing portfolio companies into adopting ESG goals — executives commit themselves to pursuing green energy, appointing a certain number of minorities to serve as managers, or otherwise blending profitability with progressive politics.


ESG isn't a conspiracy, people openly talk about it, it's a REAL thing.
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