A few weeks ago I was invited to speak in Westchester Ohio, which is near Cincinnati, in the Southern part of the state. In preparation for the speech I gave, I looked up and took notes on The Procter & Gamble Company’s “Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan.”
From what I am able to find from public filings, the plan appears to be about as far-Left “woke” as might be found in notoriously Leftist/globalist Southern California.
Not good. If you’re all all Moderate, Center, or to the Right of far-Left, these are not the investment choices for you. For instance, curious about MyoKardia Inc., we researched this holding and discovered that it was purchased by Bristol Myers Squibb in December of 2020 (source: https://news.bms.com/news/details/2020/Bristol-Myers-Squibb-to-Acquire-MyoKardia-for-13.1-Billion-in-Cash/default.aspx) This does not seem to be the type of holding a Judeo/Christian or Conservative investor would want in their portfolio, given growing concerns over Big-Pharma’s involvement with Covid-shots and myocardia.
If you or someone you care about works at Procter & Gamble, we suggest contacting their Human Resources, or leadership team to request the addition of non-woke investment options for your money. A great, easy option is the simple addition of a Self-Directed Brokerage Window (also sometimes called Self-Directed Brokerage Accounts). Considering the size of the overall plan, they should be able to negotiate very favorable fees, which stands to save additional money. (See also; Portfolio Managers who adhere to a shareholder-first focus, instead of woke/ESG, are often beating the benchmark and their peers.