Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Just like regular investment funds can either be actively managed or “closet indexers” who mostly track the index, ESG funds can either have active idiosyncratic views about what companies are good for ESG, or can just track published benchmarks. If you just track the benchmarks then you will, in a certain light, have better ESG performance, because *the benchmarks are the ESG performance* . But that might not be quite what one wants in an ESG manager.
Money Stuff: AMC Has Some Clever APEs
Matt Levine
I argued you should basically never think about flat-earthism. Instead, think about when AGI will happen, or whether inflation will stabilize, or any of a thousand other questions where there are smart people on both sides of the issue. That way, you learn the right skills for solving hard questions, which are the only type you ever have any trouble solving in the first place.
Movie Review: Don't Look Up - By Scott Alexander
astralcodexten.substack.com
I am also constantly disappointed by the weather, but at least the weather doesn't enable third-party cookies.
The Wisdom of James Mickens
Harvard University Gazette
...catch up on these, and many more highlights
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