The Siren Song of Feel-Good Investing
Fergus Hodgson, February 27, 2020
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One of the latest trends in finance is the so-called environmental, social, and governance (ESG) funds, which seek to promote ethical investment.
Nick Hodge, an author, investor, and the president of the Outsider Club, traces the idea back to a decades-old corporate fad: triple bottom line.
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He argues good intentions alone can actually do harm and that profit remains the best investment criteria in a world of diverse moral views.
For our weekly segment with the Discovery Group, we interview Tom Martin, director of Corporate Development with Ethos Gold (TSX-V:ECC), an exploration company with promising projects in Canada and the United States.
Recommended Links
- Connect with Nick on Twitter and visit the Outsider Club.
- Get his book, Energy Investing for Dummies.
- “ESG Investing and Analysis,” the CFA Institute.
- “Triple Bottom Line,” Investopedia.
- “Trump Budget Proposes $150 million for Creation of Uranium Reserve,” Reuters.
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Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.