THANK YOU. Broadly agree with you. The former head of sustainable investing at Blackrock, Tariq Fancy, has come out against ESG investing, saying that ESG is a legislative issue, not an investment/fiduciary issue. If it were legal to take the Sinaloa drug cartel public in an IPO, a Wall Street bank would have already done it. But it's not. That's what laws are for. The climate crisis will only be solved through legislative action and public policy, not investing. And I like the comparison of ESG to crypto.
@unbreakable03278 ай бұрын
You finance bros really need to open a science book, you play with math to try to predict the unpredictable, and enjoy your pseudo wolf of wallstreet life, yet you say " Yes the planet is warming however there is little to no evidence it is from humans. Historical core samples show the temperatures were much higher in the past". I don't know you, but I can guarantee you're a business major, 100%
@lukep3022 Жыл бұрын
I respect you a lot for keeping it real Dimitri
@M9a3 Жыл бұрын
Which MFE program is better for quant trading or research roles later on. UCB, CMU or any other? You last video of MFE is years ago please make new one.
@tanumoyhazra6055 Жыл бұрын
But Dimitri Climate risk have Large impact on Credit Risk and Market Risk , then ? how can you say Climate Risk and ESG Risks are just Gimmick ?
@marcusmarcula Жыл бұрын
Wow I didn't even know this existed
@shanayiamunoz996 Жыл бұрын
By dismissing climate risk and ESG, are you not also dismissing climate change as a whole? I don’t know your stance on that but if you know climate change is real than is it not wise to get ahead of it as a business and identify and mitigate the potential/ actual risks, caused by climate change or the transition to a net zero economy, that ultimately lead to financial risk? I do think some companies greenwash and use it to look good rather than actually be good. But there have been real success stories and the more it’s implemented and pressured from stakeholders the more real it becomes.
@DimitriBianco Жыл бұрын
I have other videos on the topics. Yes the planet is warming however there is little to no evidence it is from humans. Historical core samples show the temperatures were much higher in the past. As for esg, it's just racism disguised as helping the underdog. Banks and finance firms have far larger risks facing them than the climate and esg. Here is another video on the topic. kzbin.info/www/bejne/j3zVpZVperSkidEsi=BUV9HPLyDtXC2nkk