Posted on 10/14/2021 5:16:27 AM PDT by dynachrome
Prince Harry and Meghan, the Duchess of Sussex, are getting into the investment business. They are joining Ethic, a fintech asset manager in the fast-growing environmental, social and governance space, as “impact partners” and investors. Ethic has $1.3 billion under management and creates separately managed accounts to invest in social responsibility themes.
The couple could attract more attention to sustainable investing. Harry and Meghan can make E.S.G. investing part of pop culture in a way that, say, BlackRock’s Larry Fink can’t. “From the world I come from, you don’t talk about investing, right?” Meghan told DealBook in a joint interview with Harry. “You don’t have the luxury to invest. That sounds so fancy.”
“My husband has been saying for years, ‘Gosh, don’t you wish there was a place where if your values were aligned like this, you could put your money to that same sort of thing?’” Meghan said. They were introduced to Ethic by friends, she said.
(Excerpt) Read more at nytimes.com ...
Look how many authors it took to write this tripe.
And yet they live a most pollution lifestyle.
Why plague us with posts involving a royal failure and black American activist who thinks she has passed and is white royalty.
Such posts are a travesty
From the world I come from, you don’t talk about investing, right?” Meghan told DealBook in a joint interview with Harry. “You don’t have the luxury to invest. That sounds so fancy.”
Duchesses don’t invest? Or Meghan refers back to her ghetto roots where investing was a “ luxury” ?
The objectives of these money managers isn’t to make money for their clients. It’s to get their client’s money, and make as much of it theirs as they can do without creating suspicion.
So she has the “luxury” to buy a Rolex, but not to invest. OK.
If the NYT thinks it’s news, who am I to argue?/s I am laughing at this crap.
Sooner or later they’re going to figure out anything these two talk about or shill for turns to crap.
Don’t think for a second that Blackrock, Vanguard, etc., aren’t handed free money by the feds to invest without them being overly WOKE.
They give all this free money to companies like Facebook, Google, etc. In a way, they inflate the stock prices of these woke companies by putting hundreds of billions of dollars into them.
Wait, wasn’t MeGain supposedly already a millionaire from her actress days? That has always been part of her PR tripe. And she didn’t invest any of her millions? They sat in a savings account earning 1% interest year after year?
The Douche and Douchess of Grift found another scam to promote. They are bound to end up in some kind of financial scandal or hot water a la Andrew and Fergie.
She was a D-level actress, surely people in entertainment, invest. Her best investment was marrying the dim-wit Price Harry.
a fool(s) and his money...
From her brief acting career (7 years with the series)...at the peak, she was making $500k a year. Figure that the agent and IRS/California took their cuts. Toss in five B-rated movies. She might have accumulated around $200k a year on average for a decade.
She was never wealthy, in the true sense of the word.
LOL. The firms returns will lag the market substantially. Buy Woke, go broke.
Here’s a finance question that, as far as I know, hasn’t been asked and answered....
Is Harry here on a type of visa that allows the Harkles to get out of paying US income taxes...?
Inquiring minds want to know.
Why plague us with posts involving a royal failure and black American activist who thinks she has passed and is white royalty.
Oh, I don't think MM has ever tried to pass as white. Then she wouldn't be able to play the race card.
My first impression os that their other strategy for making money is not working very well.
Duchesses don’t invest? Or Meghan refers back to her ghetto roots where investing was a “ luxury” ?
Pretty sure she means the latter to convince working people she's one of them.
The company isn’t all that woke. Check out this article.
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