03-29-2024, 09:52 AM | #7437 | |
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BlackRock’s Fink Calls For Energy Pragmatism, Omits ESG From Annual Letter In the 2024 Chairman’s Letter to Investors, Fink avoided the phrase ESG. This is not a surprise. Following the conservative backlash of 2023, Fink stated he will no longer be using the term ESG, as it had become too political. He is opting instead for terms like stakeholder capitalism, sustainable investing, or climate investing. https://www.forbes.com/sites/jonmcgo...h=56dd581a4df2 Odd how so many states are devesting their portfolios from Black Rock and Vanguard over ESG when ESG doesn't exist? |
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03-29-2024, 09:57 AM | #7438 |
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Planning on some "Range Anxiety" Saturday. Competing in a IDPA shoot at the gun range.
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03-29-2024, 11:32 AM | #7439 | |
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BlackRock is a huge client of ours. Read the article you just posted. Fink said ESG is too policital a phrase anymore. You can blame the righ-wing hardliners and the ignorant for that one. Sure, ESG is not perfect (it's still a relatively new thing) but the way some of the Right presents it couldn't more wrong, misguided, and not factual. I know, it's hard to believe politicians and certain media present things this way. BtW, BlackRock’s corporate ESG statement: https://www.blackrock.com/lu/interme...sg-integration Last edited by XutvJet; 03-29-2024 at 11:38 AM.. |
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03-29-2024, 12:19 PM | #7440 | |
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03-30-2024, 05:00 AM | #7441 |
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03-30-2024, 05:43 AM | #7442 | |
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"Because we believe that climate risk is investment risk, BlackRock’s active portfolio managers seek to understand how they can use environmental, social, and governance (ESG) data as a lens to identify new risks and opportunities, and to build more resilient and better performing portfolios. We call this practice “ESG integration”, or simply, “integration”." ‘The public is being lied to’: Elon Musk says major money funds like BlackRock, Fidelity ‘inflicted’ ESG on American investors — as states like Texas move to ban these policies “We don’t basically do some sort of like bizarre, like communism rebranded thing, which is like a lot of what ESG is and to be inflicted upon corporate America without the knowledge of the actual shareholders, which is what's going on,” he said during a 2023 discussion with GOP presidential candidate Vivek Ramaswamy on X Spaces. “The public is being lied to … And I'm naming names here: BlackRock, Fidelity … I know you guys and you need to tell your customers that you're not making the optimal decisions for shareholder value because that's what's going on,” he said. According to projections by PwC, global asset managers are expected to increase their ESG-related assets under management to $33.9 trillion by 2026. (lot of money for something that doesn't exist?) “The big firms that you hear, BlackRock, you know, Vanguard, all them, they’re like, they’re setting themselves up for the biggest class-action lawsuit in the history of class-action lawsuits by an order of magnitude, because they're breaking the deal with their customers and they're not maximizing shareholder value,” he told Ramaswamy. https://moneywise.com/investing/inve...esg-principles OOPS The end of ESG? BlackRock admits adverse effects in SEC filing BlackRock’s penchant for ESG is already coming back to bite it in the behind. In its annual filing with the Securities and Exchange Commission, the financial behemoth openly admitted its ESG activism poses a serious risk to its business. In the company’s words, the House of Cards could tumble “if BlackRock is not able to successfully manage ESG-related expectations.” I was almost excited to see BlackRock openly admit its obsession with ESG is a problem — until I realized the company seems to be more worried about its image than the well-being of its clients. The idea that one can simply cherry-pick investments that align with a single political agenda without sacrificing any financial opportunity flies in the face of decades, even centuries, of investing wisdom. It’s clear BlackRock is trying to hide and change its language when discussing ESG. It’s ironic that BlackRock fears the exact tactics — public backlash, reputation damage, and losing clients — the ESG mob uses to coerce businesses into compliance with its political agenda. https://www.washingtontimes.com/news...ffects-in-sec/ I guess some folks just don't get it. I dumped BlackRock two years ago after reading Larry Fink's year end statement. Best decision I have made in a while. |
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03-30-2024, 09:58 AM | #7443 |
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While unlocking vehicles with smartphone apps rather than physical keys offers significant convenience benefits, it also significantly expands the attack surface.
Security researchers have discovered a method that uses a $169 Flipper Zero device to deceive Tesla owners into relinquishing control of their cars to a malicious third party, enabling the vehicle to be unlocked and even driven away. |
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03-30-2024, 10:34 AM | #7444 | |
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Sorry I was never one to pass up low hanging fruit. |
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03-30-2024, 10:42 AM | #7445 | |
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The owner of a Tesla Model S reported the vehicle stolen at about 11:35 p.m., KTLA-TV reports. Police located the car in the Los Angeles' Koreatown neighborhood, and the chase began. During the chase, the car's owner informed police when the car's battery was down to 1%. Finally, the vehicle's battery lost its charge, and LAPD officers arrested the suspected car thief. |
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03-30-2024, 11:21 AM | #7446 | |
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03-30-2024, 12:14 PM | #7447 |
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03-31-2024, 06:51 AM | #7448 | |
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03-31-2024, 06:54 AM | #7449 | |
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03-31-2024, 07:51 AM | #7450 |
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03-31-2024, 12:58 PM | #7451 |
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So ''they'' know they are talking absolute poppycock and stringing the public along for the sake of going with the greenie flow or else they will be thrown out of their positions.
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03-31-2024, 05:43 PM | #7452 |
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03-31-2024, 07:21 PM | #7453 |
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Climate The Movie (The Real Truth): Martin Durkin Official.
This is one of the most honest and fact filled reviews of the Green Grift. It is not overly scientific but has the critical trends addressed to help anyone know the truth. It is not short at one hour 20min but if you try it you are likely to watch the entire video. |
03-31-2024, 08:06 PM | #7454 |
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03-31-2024, 10:28 PM | #7455 |
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04-01-2024, 05:47 AM | #7456 | |
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All those EV startup early adopters, please contact me immediately. I have bridges for sale and know many Nigerian princes that need help! |
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04-01-2024, 06:46 AM | #7457 | |
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04-01-2024, 09:24 AM | #7458 |
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