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[$$] Value Investing Is a Long-Term Commitment

“If You Want to Do Good, Expect to Do Badly” (Business & Finance, June 29) deserves a rebuttal. You assume that “ESG” investors, who use environmental, social and governance metrics to determine their investments, have a short investing horizon. The example of coal stocks outperforming the world market in the past 12 months encapsulates this notion.