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Old Posted Jun 22, 2018, 2:54 PM
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sentinel sentinel is online now
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Join Date: Oct 2004
Location: CHI/MRY
Posts: 4,680
Crain's is becoming less and less cogent in why they allow guest/opinion writers, and frankly, it's making them less appealing because they aren't reporting business news, but providing a tit-for-tat platform, especially to spread misinformation, that inevitably needs to be responded to, seemingly to just pad their reader base:

Yesterday, a known Trump sympathizer turdkin, Charlie Kirk, blasted the City Treasurer, Kurt Summers for his investment strategy for the City's money, primarily because the long-term portfolio positions favor carbon or clean-energy-related investment strategies (I will not link to the article because I've decided I will no longer do that for Crains; you can visit the site yourself). It was a non-starter debate frankly, only to try to convince readers that the strategy was silly, ineffective and will lose money, essentially trying to smear the Treasurer's office by claiming they are gambling away the City's money by focusing on non-traditional investment opportunities.

Kurt Summers replied this morning, very clearly and gracefully stating the reasons behind his investment strategy, and how his strategy has been proven to provide a greater return on investment than portfolios that focus on traditional and dirty energy companies.

My problem with Crain's is that they are giving a platform to a uneducated, 23 year old Trump-loving, sycophant who's blindly reacting to a something he doesn't understand, namely how clean energy is a better strategy for long-term investment...solely to cater to an uneducated and reactionary section of the populace...they are helping further a cult of thoughtlessness by featuring people like Charlie Kirk.

Apologies, rant over. If you would like online resources that explain how renewable and clean energy companies are helping power the future of investing (which I am heavily invested in myself), I will gladly post resources anyone can use.
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