Gil penned a piece on ESG Investing in Financial Advisor Magazine!

Do well by doing good. That’s the trendy, feel-good mantra of ESG (environmental, social, governance) investing proponents. It’s much the same claim as electric cars being environmentally friendly. The carbon footprint of an electric car battery is far worse than a gas-powered car’s lifetime of exhaust, especially when you consider that coal and natural gas drive the power generation that ends up as the energy source in that battery. A Tesla’s “exhaust” is spewed from a smokestack, not a tailpipe. But Tesla has a fantastic ESG score; apparently, the scorers only see that which they want to see.

Read More: ESG? No So Fast.

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