Damus

Recent Notes

preston · 143w
“Let’s be Honest ESG Investing will Harm the Environment” - some Yale expert When the big bankers want proof to show the public why they’ve changed they’re mind, they hire the elite institu...
Greg Serdar profile picture
The focus is almost entirely on the E of ESG; never mind the S&G.

Oil and gas companies that keep us alive are shunned out of ESG indices (because they’re bad for the E). Curious about why Meta, Snap, and other companies that profit from getting teens addicted to dopamine are included in these indices. How does that business model fit into “S”?
Lyn Alden · 143w
One of the major issues with inflation is that it puts the onus on wage earners to try to keep up. A depreciating unit of account benefits the status quo and puts the burden of negotiation on the one ...
Greg Serdar profile picture
Inflation disrupts people’s lives in multiple ways:
1. Forces them to change jobs just to “keep up”.
2. Forces them to “invest” instead of “save”. Nothing wrong with the former, but it’s not for everyone and it shouldn’t be a “requirement”.
3. Forces them to buy hard assets as “investments”. Why not buy a home with a fixed mortgage and let the inflation take care of your debt for you?