Another Nail in the ESG Coffin
"For those cases, when knowledge is incomplete and events are distributed randomly, probability analysis becomes a useful procedure. To that end, the integration of historical data, financial resources, cash flow objectives, and analytical software is an objective way for baseball managers and individual investors to make strategy decisions.
On the other hand, macroeconomic forecasts, market predictions, ESG scores, fund rankings, stock picking, and arbitrary benchmarks are the preferred service model for traditional asset managers."
On the other hand, macroeconomic forecasts, market predictions, ESG scores, fund rankings, stock picking, and arbitrary benchmarks are the preferred service model for traditional asset managers."
“…To repeat “nature, to be commanded, must be obeyed,” including man’s nature as a rational being with free will. Barring that, emotional whims take over, cause is divorced from effect, and we get the morality of good intentions…”
I would suggest rewriting that sentence as “People having more faith in their thoughts than in the evidence of their senses.” This denial of Reason that I’ve heard called Aggressive Ignorance.
Further examples; “…Nullifying the law of causality, those at the top are frequently insulated from the consequences of their actions...” The refusal to accept responsibility for one’s actions.
The two professors referred to made logical errors that, if made, by a first-year student in logic 50 years ago would have resulted in a grade of F.
I read in the news that a religious revival called the Asbury Revival is occurring. I would love to see an Aristotle Logic Revival sweep America and the world. I just don’t know how to start one. Maybe you young people could give it a try.