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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Economy? Bud Lite? Something else?

Economy? Bud Lite? Something else?

Scheduled Pinned Locked Moved General Discussion
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  • J Offline
    J Offline
    Jolly
    wrote on 13 Jun 2023, 12:40 last edited by
    #1

    https://www.dailymail.co.uk/news/article-12188347/Bosses-firms-cut-earnings-call-mentions-diversity-equity-inclusion-sustainability.html

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • L Offline
      L Offline
      LuFins Dad
      wrote on 13 Jun 2023, 12:51 last edited by
      #2

      It’s interesting but it doesn’t mean that there is true substantive change. That will take years, and a powerful investment group. If you really want to put a stop to this shit you need to buy a spot at the table.

      The Brad

      H 1 Reply Last reply 13 Jun 2023, 13:05
      • M Offline
        M Offline
        Mik
        wrote on 13 Jun 2023, 12:54 last edited by
        #3

        Good. Get back to what you should be doing - making money for shareholders.

        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

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        • L LuFins Dad
          13 Jun 2023, 12:51

          It’s interesting but it doesn’t mean that there is true substantive change. That will take years, and a powerful investment group. If you really want to put a stop to this shit you need to buy a spot at the table.

          H Offline
          H Offline
          Horace
          wrote on 13 Jun 2023, 13:05 last edited by
          #4

          @LuFins-Dad said in Economy? Bud Lite? Something else?:

          It’s interesting but it doesn’t mean that there is true substantive change. That will take years, and a powerful investment group. If you really want to put a stop to this shit you need to buy a spot at the table.

          Meanwhile 401k providers are offering options for portfolios that invest in companies with good DEI and environmental justice scores. I am confident that the market will speak about those choices.

          Education is extremely important.

          L 1 Reply Last reply 13 Jun 2023, 13:23
          • H Horace
            13 Jun 2023, 13:05

            @LuFins-Dad said in Economy? Bud Lite? Something else?:

            It’s interesting but it doesn’t mean that there is true substantive change. That will take years, and a powerful investment group. If you really want to put a stop to this shit you need to buy a spot at the table.

            Meanwhile 401k providers are offering options for portfolios that invest in companies with good DEI and environmental justice scores. I am confident that the market will speak about those choices.

            L Offline
            L Offline
            LuFins Dad
            wrote on 13 Jun 2023, 13:23 last edited by
            #5

            @Horace said in Economy? Bud Lite? Something else?:

            Meanwhile 401k providers are offering options for portfolios that invest in companies with good DEI and environmental justice scores. I am confident that the market will speak about those choices.

            Well, 30-35% of investors will likely choose those options. Is that enough to make it successful? Beyond that, the handler of the account can still weight DEI in their decision making, but just not tell you that DEI is part of their analysis. So it still has an outsized effect on investing.

            Of course, you could also manage your own accounts and purposefully choose funds and stocks with low DEI, but then you’re just doing the same thing but in reverse.

            The Brad

            H 1 Reply Last reply 13 Jun 2023, 13:40
            • L LuFins Dad
              13 Jun 2023, 13:23

              @Horace said in Economy? Bud Lite? Something else?:

              Meanwhile 401k providers are offering options for portfolios that invest in companies with good DEI and environmental justice scores. I am confident that the market will speak about those choices.

              Well, 30-35% of investors will likely choose those options. Is that enough to make it successful? Beyond that, the handler of the account can still weight DEI in their decision making, but just not tell you that DEI is part of their analysis. So it still has an outsized effect on investing.

              Of course, you could also manage your own accounts and purposefully choose funds and stocks with low DEI, but then you’re just doing the same thing but in reverse.

              H Offline
              H Offline
              Horace
              wrote on 13 Jun 2023, 13:40 last edited by
              #6

              @LuFins-Dad said in Economy? Bud Lite? Something else?:

              @Horace said in Economy? Bud Lite? Something else?:

              Meanwhile 401k providers are offering options for portfolios that invest in companies with good DEI and environmental justice scores. I am confident that the market will speak about those choices.

              Well, 30-35% of investors will likely choose those options. Is that enough to make it successful?

              The financial success of a fund has more to do with the financial success of the companies it holds.

              Education is extremely important.

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              • J Offline
                J Offline
                Jolly
                wrote on 13 Jun 2023, 14:18 last edited by
                #7

                You know, very, very few people are gung ho on anything other than where they can make the most money.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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