Why the Sustainable Investment Craze Is Flawed

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The sustainable investment craze sweeping Wall Street is flawed, says Streetwise columnist jmackin2. Here's why.

The financial industry has spotted an opportunity to make money by helping people feel good about themselves. Despite claims to the contrary, these investments don’t do much to make the world a better place.

ESG funds, as they are known, promise to invest in companies with better environmental, social and governance attributes, to save the planet, improve worker conditions or, in the case of the

 

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jmackin2 This is pure bullshit.

jmackin2 Meanwhile isn't GME still at 100? Lets face it, the entire concept of Wall Street is flawed.

jmackin2 If you can spare 10bucks then pls buy my book to support me. For further details check my pinned tweet and RT if you can. Thank you.

jmackin2 Wonder if he’s putting his money where his keyboard is

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