The crash of SVB proves that DEI and ESG investing is not only ineffective but actually guarantees you will fail

Invest to make money. Not to forward some woke agenda that half of your clients don't even agree with. In a real society, ESG investing rules and scorecards would be called what they really are. Corruption

Comments (25)

PEarbitrage, what's your opinion? Comment below:

Well to be fair SVB appartently had a bunch a woke shit going on.  But I don't think it had anything to do with this.  Unless the C-suite was so focused on it that they completely drove the free candy van off the cliff. 

mergelord11, what's your opinion? Comment below:

Or just invest in things you think will grow in value rather than some phantom government score

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eloquence, what's your opinion? Comment below:

SVB's failure has absolutely nothing to do with DEI or ESG... they mistimed interest rates and had to sell their investment portfolio bonds at a big loss + tried to issue equity to fund the shortfall. Shareholders sold out ahead of dilution, mass hysteria and bank run ensued.


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pbandjpartners, what's your opinion? Comment below:

Smooth-brain logic.

OP the type of guy to have an "adjusted" IQ of 200 when their GAAP IQ is only 50.

Lolol. You made my day sir. +SB

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pbandjpartners, what's your opinion? Comment below:

Uou need a balanced diet. Therefore cheeseburger is healthier than a burger. If you add fries with ketchup, even healthier than just a cheeseburger. 2 vegetables!

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Pierogi Equities, what's your opinion? Comment below:

they're not kosher

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

financeabc, what's your opinion? Comment below:

How much time and money did they spend on ESG and similar concepts?  My guess is not much compared to the lack of attention paid to hedging interest rate risk?  Long term bonds were down close to 30% last year.

GregMadeMeDoIt, what's your opinion? Comment below:

I abhor--utterly abhor--ESG and DEI initiatives. They make me want to puke. That said, they aren't responsible for the SVB crash. What we CAN say, however, is that the "G" (governance) part of ESG is absolute bullsh*t. FTX had an excellent governance rating. ESG analysis is just garbage analysis for investors. 

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Banker4LIFO, what's your opinion? Comment below:

Same boat here. I think their announced ESG initiatives was like $5mm over a few years, so pennies in comparison to their capital shortfall. Sounds like their UK arm CRO was incompetent and focused more on the ESG stuff than her job but again, this firm wasn't brought down by its UK operations, a small factor at best.

mergelord11, what's your opinion? Comment below:

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NahFAM69, what's your opinion? Comment below:

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