LAOP 2022 · No. 08
Travis Box
ESG investing is probably just a way to design a portfolio that's capable of responding to a changing world.
Travis Box
Travis Box had been teaching investments for 14 years, and he came to explain what ESG funds actually do. Most ESG money simply avoids certain companies, and he showed why that barely moves a firm's cost of capital unless nearly every investor acts alike. He walked us through Germany's twin green and regular bonds, ESG ratings that disagree more than they agree, and greenwashing. His advice was to favor engagement, actually voting your shares, through tools now built for it.
Read the Forbes columnTake the Conviction Diagnostic. In three minutes, see where you've traded who you are for who the room wanted, and exactly where to begin reclaiming it.
His story starts where reinvention did: a family that left everything behind for a new country and refused to call it loss. Cuban Roots →
