Investing for Good is a captivating and instructive read, aimed at those who are interested in investing their money profitably while doing good at the same time.
Investors are placing increased emphasis on capital allocation methods to achieve their desired social, environmental and financial objectives, and are targeting investments that not only facilitate economic growth in countries around the world but also do good in terms of aiding human development--from cleaner environments to safer products and better employment practices. At the same time, there is considerable evidence that if companies adhere to ESG (Environment, Social, Governance) standards, they will outperform companies who do not.
But how do individuals--rather than institutional investors--invest using ESG criteria? And just how complex are the procedures? This new book, written by investment guru Mark Mobius and his expert team, is full of entertaining and informative anecdotes from the authors' day-to-day experiences in the world of sustainable investment.
Readers will gain a clearer understanding of what sustainable investment actually means, the positive effects it can have on businesses and societies, what to look for in order to identify sound and sustainable investment opportunities, and how to balance sustainable investing with good returns.
I recently started investing and I've always said I'm not going to help horrible companies so I was excited to see a book that looked like it was geared towards helping people like me find the right companies. And yet... I skimmed this. It was written for people who are already avidly investing and know all the convoluted terminology. I had different expectations. I assumed this would point out some great places to invest in that would be good for the planet and people rather than a long diatribe about minute details that somehow still lack explanation. This might be a great book for investors interested in looking in another direction for their investments, but for beginners, it’s confusing and wordy. Also, the version I read was not formatted well for Kindle and there was a ton of jumpy text that made it hard to read. Three stars because it isn't entirely the authors' fault that I had different expectations.
Some of the examples of the personal experiences of the author were interesting. But can't mark it as an important must read for sustainable finance enthusiasts
No new or noteworthy ideas in this book - the book makes the case for active versus passive investing as a means to improve governance in companies operating in developing markets.
Didn't finish the book as was unengaging and intermittently seemed to just be selling the authors investments. Defines ESG investing, and explains why it's important and why it's more profitable.
Really wanted to love this book as the premise was really enticing. However, what I discovered in this book was not what I expected. Instead of advice about how to invest, it seemed to be investment stories from large firms capable of having a lot of influence on the sustainability of companies. For someone who is only starting off in the world of trading and investing, this did not really give me a lot of information for HOW to accomplish the task of making the world healthier and me wealthier.