{"podcast":{"title":"The Invisible Hand","slug":"the-invisible-hand-7719857","podcast_index_feed_id":7719857,"rss_url":"https://feeds.megaphone.fm/PODAGEN6867737009","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/ecd55da6-0690-11f1-8a35-87d682d10069/image/bd2556a194f47efd83996cc639d08bec.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Emma Reid","episode_count":232,"summary":"Economics isn't boring when Emma Reid explains it. This former Wall Street finance analyst quit her corporate job after watching too many people get scammed by get-rich-quick schemes, including her own father who almost lost his retirement to a pyramid scheme. Now she breaks down everything from inflation to interest rates using stories from her small-town grocery store and her neighbor's questionable crypto investments. Every day, Emma takes one economic concept and makes it make sense. Monday might be why gas prices actually work the way they do. Tuesday could be the real reason your mortgage rate just jumped. She's not trying to make you an economist, just someone who can spot financial BS from a mile away and make smarter money decisions. You'll get the kind of economic education they should have taught you in high school but didn't. No textbook jargon, no boring theory, just practical knowledge you can use when your bank tries to sell you a new credit card or your brother-in-law pitches his latest investment idea. Follow now for daily episodes that actually explain how money and markets really work. New episodes every day—follow now!","last_synced_at":"2026-07-31T16:18:06.182989+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857"},"episode":{"title":"Warren Buffett's $100B Fund Beats ESG Investing: Here's the Math","slug":"warren-buffett-s-100b-fund-beats-esg-investing-here-s-the-math","published_at":"2026-07-22T13:54:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/warren-buffett-s-100b-fund-beats-esg-investing-here-s-the-math","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN2087796260.mp3?updated=1776261396","audio_url":"https://traffic.megaphone.fm/PODAGEN2087796260.mp3?updated=1776261396","summary":"Think your \"ethical\" investments are making you money? Emma Reid breaks down the brutal math behind ESG funds and explains why Warren Buffett's simple approach has crushed socially responsible investing by billions. The numbers don't lie: over the past 15 years, the average ESG fund has underperformed basic index funds by about 0.5% annually. That might not sound like much, but on a $100,000 investment, you're looking at roughly $8,000 less in your pocket after a decade. 🎯 What You'll Learn: • Why restricting your investment universe mathematically reduces your returns • The exact performance gap between ESG funds and broad market indexes over 15 years • How some of the best-performing stocks ended up on ethical investing blacklists • Warren Buffett's dead-simple strategy that beats complex ESG screening every time 👤 Perfect for: lifelong learners who want to understand the real trade-offs between doing good and making money with their investments. 📍 Chapters: [00:00] Emma Reid reveals the ESG performance gap that fund managers don't advertise [02:15] The math behind why fewer choices equals lower returns [04:30] Case study: missing out on the decade's biggest winners [06:45] Warren Buffett's $100 billion lesson on keeping it simple [09:00] How to actually align your values with your portfolio without sacrificing returns [11:30] The one question to ask before buying any \"ethical\" fund The reality? When you exclude 10-40% of available investments based on moral criteria, you're playing the market with one hand tied behind your back. Emma breaks down exactly what this costs you and shares smarter alternatives that don't require choosing between your conscience and your retirement. 🔔 Never miss an episode: Follow The Invisible Hand on Spotify or Apple Podcasts and turn on…","meta_description":"Think your \"ethical\" investments are making you money? Emma Reid breaks down the brutal math behind ESG funds and explains why Warren Buffett's simple app…","key_points":[],"chapters":[],"topics":[],"duration_seconds":869,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/warren-buffett-s-100b-fund-beats-esg-investing-here-s-the-math/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-invisible-hand-7719857/warren-buffett-s-100b-fund-beats-esg-investing-here-s-the-math.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}