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SVB & ESG: Why ESG Investing is a Scam| Lance Roberts #Shorts

(3/17/23) "There is more than sufficient evidence that the ESG mantra does very little for the environment, and does a lot more for the managers that are chosing these funds, because out of those 915 ESG Funds, a lot of those funds have nothing to do with ESG investing. They were large cap funds that weren't getting any inflows because of bad performance, and they simply changed their name, not the holdings, to attract inflows. Oh, and I forgot: They raised their fees to charge you more,. So it's important to not only know where you're investing, but what you're investing in, as well. Leave the "E" and the "S" and the "G" out of your portfolio, and focus on the P-R-O-F-I-T of it, instead."

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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"Bank Runs. The First Sign The Fed “Broke Something.”"
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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