‘It’s essentially Wall Street’s way of describing “investing for a cause” or “do-gooder investing.”’
I think they already had a term for that. Oh yeah, it’s “fiduciary negligence”.
RE: It’s essentially Wall Street’s way of describing “investing for a cause” or “do-gooder investing.”
OK, How does one decide:
A) What a “good cause” is. If a company contibutes to the pro-life cause, does that count?
B) Whether you are over or underestimating your investment in such a cause ( if they even agree that its a good cause ).