re: Companies that invest in ESG perform better on the stock market

ESG is obviously FORWARD (!!) looking infallible science. In China for instance companies and individuals who defy State dictate seem to get very bad results. I can see how corporations in America and very soon private individuals who defy State dictate might end up virtually penniless. That’s why we must all give up all our individual liberties and do what our Democrat Party pseudo parents and their partners in tech , finance and business tell us to do.

I see a major contradiction in your post:

quote:

---

Make me money.

---

OK

quote:

---

The fact that Fidelity, BlackRock, etc., invest billions in these dickhead companies with DEI initiatives does not make the companies in question make more money.

---

But those can still make you money if you own the stock which is your lead despite their lower earnings due to DEI specifically because the big money is pumping them.

Would you rather a company make more profit themselves or make you more money owning the stock?

Those are potentially at odds on some moral or idealogical level but if "frick that Make me money" is the paradigm then corps that attract money in the form of BlackRock et al may fit that bill better than companies that are leaner without DEI/ESG despite their high profits. Are you the Machiavelli or St. Vincent when it comes to your portfolio?

Basic bubble dynamics…


Create an artificial demand, pump that demand, take the initial returns from that pump and use it to sell your artificial demand as a legitimate one, keep pumping until you get as many rubes as possible to buy in, then dump and leave those same rubes holding the bag.


Add to the fact that tech company stocks are disproportionately represented in ESG funds, and it makes all the sense in the world why Google would want people to think that the funds are inherently superior. They’re just trying to pump their own stock in a way that is disconnected from any underlying dynamics. Same as every other bubble that’s ever existed

Lol

Cherry picked data dominated by the FAANG's. Now do Ford from 1995-present (woke before it was cool under Jacques Nasser, who famously told a gathering of all company senior staff in N America "I see too many white male faces here" among numerous other transgressions. ) or Disney, who hasn't paid a divi in ages that used to be considered an inviolable right of DIS shareholders.

quote:

---

But they arguably would provide me more profit without extensive spending on DEI, and the costs to the workforce in taking the associated training, as well as deleting all those emails.

---

Then you are arguing against the information in the OP. I don't know if it is true or not but if the big institutional investors are buying less profitable companies it drives the price up. The money they spend on DEI is apparently making their stock go up.

I would posit it has more to do with the companies themselves than any lip service to ESG.

This is the top 10 of the weighted ESG S&P 500 index. It's a virtual who's who of powerful companies (NVDA alone has probably pushed this fund up 10%).
Apple Inc.
AAPL
Information Technology
Microsoft Corp
MSFT
Information Technology
Amazon.com Inc
AMZN
Consumer Discretionary
Nvidia Corp
NVDA
Information Technology
Alphabet Inc A
GOOGL
Communication Services
Tesla, Inc
TSLA
Consumer Discretionary
Alphabet Inc C
GOOG
Communication Services
Unitedhealth Group Inc
UNH
Health Care
JP Morgan Chase & Co
JPM
Financials
Visa Inc A
V
Financials