Ariely: JPMorgan found his human capital data uncorrelated with ESG
Dan Ariely · Dan Ariely – The Human Capital Factor (Capital Allocators, EP.195) · May 17, 2021 · at 48:01
Behavioral economist Dan Ariely explains third-party quantitative validation of Irrational Capital's human capital investment strategy.
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“And the team at JP Morgan did a really nice analysis of our data. They were unbelievably thorough. I was deeply impressed by these guys, and it came basically with very good analysis and result, and it's kind of nice to have somebody like a third It's a little nerving when you have a third party evaluate your data, but when they come up with the same results exactly, it is very, very nice. And so they looked at the data and that further increase our confidence. And what they also found was that, and this was not analysis that we did initially, they found that our results are uncorrelated with lots of other things. Which of course is wonderful, including being uncorrelated with ESG.”
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