TEST YOURSELF: How Would Your Company ESG?

As socially responsible or ESG (Environmental, Social, Governance) advisors, Riverwater Partners understands that corporate social responsibility is a journey and not a destination. Individuals, businesses, and government entities all must continually adapt to new normals as the world changes. Climate change is a concept that first emerged, and then only in theory, roughly 50 years…

Malkiel’s Misguided View of ESG Investing

Advisor Perspectives, February 1, 2021 Burton Malkiel, esteemed author of the classic investing book A Random Walk Down Wall Street is one of the more prominent critics of environmental-, sustainable- and governance-based (ESG) investing. He called ESG investing a “self-defeating” strategy in a recent Wall Street Journal column. But Malkiel and other detractors who claim ESG is a fad…

Greg Wait featured in Your ESG investment may be a ‘light touch’ fund and not as green as you think

Marketwatch. January 4, 2021 Environmental, social and governance investing resonates with people who want their investments to align with their values, and the boom in this investing style has fund companies launching more ESG investment vehicles. But these funds may not be as green as investors think they are. ESG investing considers both financial return…

Is ESG Investing a Fad?

Some investing styles, such as value investing, have proven themselves useful over the course of many decades. By contrast, investing fads are short-lived. They look promising in a particular market context but fade away as the world changes. Examples of such fads include day trading, house flipping, and, in our view, Bitcoin and liquid alternative…