Week 11: Impact Investing
There were so many quotes I liked this week: "We believe the free market system is the best means of generating good jobs, a strong and sustainable economy, innovation, a healthy environment, and economic opportunity for all." (Business Roundtable Statement of Purpose) "Private capital is critical to tackling the worlds most pressing environmental, social and governance problems." I have thought and felt this way for many years, considering myself an Objective Capitalist, and having personal faith that people will choose to care for others when they find themselves with the means to do so. I understand that most good investments require patience for payoff, and though investors have shorter horizons and lower risk tolerance, those who invest in impact investing are finding that payoff is coming nearly at the same rate as other investments. And then, after researching some of the big Impact Investment firms and finding that the social innovation cause that m...