One of the latest trends in finance are the so-called environmental, social, and governance (ESG) funds, which seek to promote ethical investment.
Nick Hodge, an author, investor, and the president of The Outsider Club, traces the idea back to a decades-old corporate fad: triple bottom line.
He argues good intentions alone can actually do harm, and that profit remains the best investment criteria in a world of diverse moral views.
For our weekly segment with the Discovery Group, we interview Tom Martin, director of Corporate Development with Ethos Gold (TSX-V:ECC), an exploration company with promising projects in Canada and the United States.
Show notes: http://goldnewsletter.com/podcast/siren-song-feel-good-investing/