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The John Batchelor Show

#MrMarket: Choosing Exxon over TSLA and the upside down logic of ESG investing. Tom Carter, Ridgeline Research, American Conservatives Values ETF.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 14 February 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

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@Batchelorshow
1900 Shanghai


#MrMarket: Choosing Exxon over TSLA and the upside down logic of ESG investing. Tom Carter, Ridgeline Research, American Conservatives Values ETF.
https://acvetfs.com.


Transcript

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0:00.0

Monso Business Banking. It just works. So you can too. Join businesses like Target

0:05.7

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0:07.8

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0:12.9

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0:17.3

not the case for Monso.

0:18.4

My name is Shun. I am the Founder of Target Trition.

0:21.6

Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director

0:26.6

of a limited company, UK Business is only terms and conditions apply.

0:30.5

This is CBS by On the World. I'm John Bachelors. The markets, the markets are up and down.

0:43.0

Sometimes these days the markets are telling us about the future. Sometimes they are hesitating

0:48.7

because of concerns about Washington or the global recovery from the pandemic. But there's

0:54.7

one part of the market that is magical these last years for some investors. It's called

1:00.9

ESG. And then there are those who now question the value of ESG. In fact, it's whole definition.

1:08.4

Environment, social and governance, ESG investing. I welcome Tom Carter. Tom is a portfolio

1:14.7

manager and president of Rigline Research. Rigline Research website tells you a deal,

1:20.9

so does a subset website American conservative values ETF. Tom, a very good evening to you.

1:28.8

Thank you for this ESG environment, social and governance. The puzzle I have about ESG

1:35.3

and you can help all of us because you're a professional and you talk to other professionals.

1:40.3

On the day that ESG threw out Tesla from the agreed upon portfolios of ESG investors,

1:48.7

we were told, oh, well, it doesn't matter how it does with the environment because we

1:53.0

have questions about its governance. Tom, what the heck is going on throwing out Tesla

1:58.2

good evening to you? Good evening, John. Thanks so much for having me.

...

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