6Mon
The ESG, was that a personal decision or a "bet" that ESG compliant companies will outperform (and in what time frame did you think? Often you give up way too early)
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@Gerit could you briefly explain to me what the ESG is I'm stumped 😅
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6Mon
@Justin_karacic
ESG = Environmental, Social, Governance
So he only accepts companies that emphasize sustainability, invest in renewable energies, have quotas for women, build in supervisory structures, etc.
It doesn't even always work that well, e.g. tobacco stocks have a much higher rating in one or other ESG ETF than something like Tesla (because of the batteries)
But I don't know much about it either, I don't think it can be wrong, it has a certain, probably long-term trend, but this will also be reflected in something like the normal All Country World over time.
ESG = Environmental, Social, Governance
So he only accepts companies that emphasize sustainability, invest in renewable energies, have quotas for women, build in supervisory structures, etc.
It doesn't even always work that well, e.g. tobacco stocks have a much higher rating in one or other ESG ETF than something like Tesla (because of the batteries)
But I don't know much about it either, I don't think it can be wrong, it has a certain, probably long-term trend, but this will also be reflected in something like the normal All Country World over time.
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@Gerit so my portfolio structure should of course develop over the long term over decades
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