GREY:XEBEQ - Post by User
Comment by
AlwaysLong683on Sep 29, 2022 1:35pm
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Post# 34995365
RE:assorted fleeting thoughts
RE:assorted fleeting thoughts Possibleidiot01 wrote: ESG isn't the problem - it's the smartness of management.
Game, set and match.
Agreed.
Reminds me of the 1990s when investors became aware of the power of the Internet, so they started throwing money at companies that pledged to eventually become profitable in any and all Internet niches. Many of these companies went belly-up even though they got the "Internet will be big" part right. Need top-shelf management no matter how promising a given sector is. That's one of Warren Buffett's rules.