Yes, this is another ESG post, but it is different than the others. This time I come forward with a solution! Creating Accountability One of my bigger criticisms of ESG is there are no checks or balances on it. All these companies hire ESG chiefs and give them free reign. Continue Reading
Ian’s Brief #2: The Insurance Haunted House, Underreserved Wildebeests, Mattress Mack, and More
Some may recall the first edition of the Brief where I followed up on some prior topics along with some new thoughts not long enough to make a full post. For Halloween and to keep things light during earnings, I am back with Brief #2. The Insurance Haunted House Nothing Continue Reading
The NBA Exposes the Shaky Foundation of ESG
I’m sure most readers are aware of the controversy caused by Houston Rockets’ GM Daryl Morey’s tweet supporting Hong Kong. It strikes me that there are some interesting lessons to be drawn from the reaction by the NBA to Morey and the reaction of corporate CEOs to the views of Continue Reading
Ian’s Brief, New & Revisited
I’m starting a new occasional feature to revisit some past posts and drop some interesting brief asides too short for a full entry. So here we go… Passive Investing Passes a Milestone I’ve discussed before the impact passive investing has had on the behavior of markets. Well, congratulations, passive fans, Continue Reading
On ESG, Corporate Purpose, and CEO Self Interest
I’m going to warn everyone upfront this entry may be considered controversial. Some of you won’t like it. I doubt I will get invited to sit on any boards after this (though I would suggest my arguments below are precisely why I should). It is going to border on political, Continue Reading