The Firm That Called Valeant's Drop

The transcript discusses initial impressions of a company formed by the merger of Valiant and Biovail, highlighting both positive aspects and concerns over financial engineering. It delves into the importance of ESG criteria in investment decisions, emphasizing a preference for innovative companies solving substantial problems. The discussion also covers the balance between innovation and financial viability, with a focus on the role of Wellington Investment Management in selecting stocks.

What role does environmental, social, and governance (ESG) data play in the investment process described?

How does the speaker describe the relationship between innovation and financial stability in their investment strategy?