I’ve yet to be convinced of the value proposition of incorporating ESG into the investment decision-making process. What are the definitions of the “Environmental” and “Social” elements of ESG and how are each directly correlated to alpha generation? You are preaching to the choir as it relates to “Corporate Governance” – the “G” in ESG. No other variable is as important to a company’s success as is the Management Team/CEO. The composition of the Board of Directors is a close second. Don’t take our word for it. Warren Buffett and John Malone share our view (below).
- Read Mr. Buffet’s comments HERE or view the first YouTube video clip below to view his remarks on the subject from Berkshire Hathaway’s annual meeting on May 1st 2021.