Saturday, December 31, 2022

Year in Review: Buffett eschews ESG and beats the market by 23%?

Are the following two items related?

  1. Yesterday, CNN reported (here) that "the S&P 500 is down about 20% in 2022 – but .... Buffet’s [sic] Berkshire Hathaway (BRKA) is doing fine, though, up over 3% this year."
  2. Back in July, CIO reported (here) that "Buffett, Who Terms ESG Reporting ‘Asinine,’ Adds to Oil Holdings."

Stefan J. Padfield | Permalink


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