Big fund companies like BlackRock, led by their EGO-focused CEOs like Larry Fink, have created an entirely new industry for themselves out of pushing ESG (environmental, social, and governance) funds onto unsuspecting investors who want to make the world better with their money. While investor intentions are good, funds companies are more interested in the higher fees they can charge for saving the world than in actually driving change. The way you know that's true is the complete mish-mash of what these fund companies consider acceptable in their ESG products. The ratings they use for … [Read more...]