BlackRock's Fink Has Fed the Climate Activist Fire, Not Put It Out: Nir Kaissar

The video discusses the differences between ESG (Environmental, Social, and Governance) and SRI (Socially Responsible Investing), highlighting the confusion between the two. It analyzes BlackRock's SGU fund, which mirrors the S&P 500, and the Subtle SUS fund, which focuses on ESG leaders but excludes major tech stocks. The discussion also covers Berkshire Hathaway's ESG challenges and the limitations of passive ESG funds. The video concludes by questioning the impact of ESG on actual change, emphasizing the need for demand-side actions.

How does Berkshire Hathaway's approach to ESG differ from other companies?

What challenges do passive ESG funds face compared to active management?

What is the relationship between consumer behavior and the effectiveness of SRI?