I don't know that he inspired it, but there seems to be some kind of clear understanding about what's happening with ESG's at this point. People, very wealthy people, are starting to recognize that it is an avenue of control for financial institutions and major investors to destroy smaller competitors with extreme internal bureaucracy, bad press, and regulatory investigation.
I'm starting to see a lot of HR bloat from DIE getting pushback, even though everyone keeps repeating the same words, there is a distinct lack of money going into these efforts.
I think companies that are relying on elite capital investments are repeating mantras, but trying to keep it to a minimum; while companies that don't need the investment are trying to ignore it altogether.
That's not good, but it's certainly better than the unquestioning assimilation that has been going on for several decades now as part of "Corporate Responsibility".
It's weaponized fraud, directed corruption, and a ponzi scheme, and I think that very slowly, important people with money are starting to notice.
Musk could definitely be the catalyst for this. If he buys Twitter and makes it profitable, he could completely destroy the ESG narrative. Investors following the ESG framework are already getting antsy because they're starting to realize they'll never get the returns they were promised.
If Musk pulls out of the Twitter deal, after having provoked them into inadvertently exposing all of the shady and dishonest practices they had been engaging in to mislead investors, Twitter stock will crater, and that would have a knock-on effect for the rest of the big Silicon Valley stocks. Either way, the credibility of ESG would be seriously damaged.
It’s not that the ESG-compliant companies are fearing no returns - those companies are gonna get their printed funny money regardless. It’s more that the whole scheme will, long term, almost certainly collapse the global economy, which is why the only hope we have is benevolent billionaires like Musk.
I’m not happy about that last part, but it is what it is.
Good read, great idea for investing. Certainly would help to know some of these funds.
Also a warning, remember that there's the opposite end too, like Mitt Romney's fuckbrains at Bain Capital and Boston Consulting Group. They still exist, they still are trying to manipulate the market for their sole benefit and not the investors. BCG in fact, is behind the meltdown and destruction of several companies that shortsellers made a mint off of.
I don't know that he inspired it, but there seems to be some kind of clear understanding about what's happening with ESG's at this point. People, very wealthy people, are starting to recognize that it is an avenue of control for financial institutions and major investors to destroy smaller competitors with extreme internal bureaucracy, bad press, and regulatory investigation.
I'm starting to see a lot of HR bloat from DIE getting pushback, even though everyone keeps repeating the same words, there is a distinct lack of money going into these efforts.
I think companies that are relying on elite capital investments are repeating mantras, but trying to keep it to a minimum; while companies that don't need the investment are trying to ignore it altogether.
That's not good, but it's certainly better than the unquestioning assimilation that has been going on for several decades now as part of "Corporate Responsibility".
It's weaponized fraud, directed corruption, and a ponzi scheme, and I think that very slowly, important people with money are starting to notice.
Musk could definitely be the catalyst for this. If he buys Twitter and makes it profitable, he could completely destroy the ESG narrative. Investors following the ESG framework are already getting antsy because they're starting to realize they'll never get the returns they were promised.
If Musk pulls out of the Twitter deal, after having provoked them into inadvertently exposing all of the shady and dishonest practices they had been engaging in to mislead investors, Twitter stock will crater, and that would have a knock-on effect for the rest of the big Silicon Valley stocks. Either way, the credibility of ESG would be seriously damaged.
It’s not that the ESG-compliant companies are fearing no returns - those companies are gonna get their printed funny money regardless. It’s more that the whole scheme will, long term, almost certainly collapse the global economy, which is why the only hope we have is benevolent billionaires like Musk.
I’m not happy about that last part, but it is what it is.
Good read, great idea for investing. Certainly would help to know some of these funds.
Also a warning, remember that there's the opposite end too, like Mitt Romney's fuckbrains at Bain Capital and Boston Consulting Group. They still exist, they still are trying to manipulate the market for their sole benefit and not the investors. BCG in fact, is behind the meltdown and destruction of several companies that shortsellers made a mint off of.
even has his own theme song