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re: Merrill Lynch Assigns “Environmental, Social and Governance” (ESG) Scores to Rate Customer
Posted on 4/11/21 at 10:42 am to Big Scrub TX
Posted on 4/11/21 at 10:42 am to Big Scrub TX
quote:
Why is it hard for you to believe that Karen wants to ease her guilt with some bullshite ESG stock picking/rating nonsense?
Ive heard of this phenomenon. It’s completely asinine. I want my investments to make me money, as long as it’s not illegal idgaf what they do as long as they show me a good return.
1
Posted on 4/11/21 at 11:28 am to TJG210
quote:
Ive heard of this phenomenon. It’s completely asinine. I want my investments to make me money, as long as it’s not illegal idgaf what they do as long as they show me a good return.
I personally apply moral filters to what stocks I'm willing to buy. There are enough (financially) good stocks for it to work.
But ESG scores are nonsense and I ignore them. I might start using them to find better buying opportunities created by Karens.
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