14 Chapters
Medium 9781626563377

Resource 1: The Case for SRI

Brill, Hal Berrett-Koehler Publishers ePub

AS CHAMPIONS OF SUSTAINABLE AND RESPONSIBLE INVESTING FOR 25 years, we embrace the goal of bringing your financial investment portfolio into harmony with the choices you are making across the entire Resilient Investing Map. As we noted in chapter 3, we feel that in this time of global challenges, it is crucial for corporations, financial institutions, and investors to take responsibility for the social and environmental consequences of their actions. SRI’s combination of community investing, positive and negative screening (filtering companies based on issues and activities investors wish to support or avoid), and shareholder advocacy (direct engagement with corporate management) has helped reform capitalism while providing investors with an avenue to bring their money and their values into closer alignment.

SRI emerged in the early 1970s as a protest against the Vietnam War and a desire to avoid investing in military contractors; today a wide array of environmental, social, and governance (ESG) factors are assessed by SRI and conventional money managers as metrics that add value to their investment selection process. Environmental and resource-related concerns are increasingly being seen by the financial world as risks to corporate strategy.

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Resource 3: The Resilient Investor Online Resources

Brill, Hal Berrett-Koehler Publishers ePub

THE COMPANION WEBSITE TO THIS BOOK, RESILIENTINVESTOR.COM, offers in-depth and up-to-date guidance that can help you build on the ideas we introduce in these pages and apply them successfully in your own life.

While the book serves as a concise introduction to the resilient investing framework, the website builds on this by exploring key themes in more detail and providing current information about potential investments and resources for the nine zones of the Resilient Investing Map.

The website offers several downloadable RIMs, including blank ones for you to use as you work your way through your own inventory and planning, as well as examples of completed maps from a variety of types of investors and from readers of the book.

A central feature of the website is comprehensive resource sections for each of the nine zones of the RIM. You’ll find links to articles and websites that will help with your self-education on new topics, as well as information about companies, projects, and organizations that may be of interest to you as you round out your own resilient investing plan. This material is regularly updated to reflect the best of current thinking and opportunities in each zone.

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Chapter 6: Be Ready for Anything

Brill, Hal Berrett-Koehler Publishers ePub

Qualities of the Resilient Investor, Scenario Planning, and Plausible Futures

READY FOR ANYTHING. TO SOME THAT MAY SOUND DAUNTING, WHILE others hear a clarion call to great adventure. It is a bit of both, harkening to the old saying (some say curse), May you live in interesting times. Clearly, the complexity and the uncertainty of our times are handing this to us in spades!

While the preliminary work you just completed is a good start, cultivating resilience requires much more than simply marching ahead with slight tweaks to what you’re already doing. This chapter asks you to pause for a moment and prepare for the work at hand by enhancing your internal and external perspectives in ways that allow you to be open and responsive to whatever may come. We are not suggesting that you need a totally clean slate, but you do have the opportunity to take a fresh look at your life, your worldview, and your investments.

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Chapter 5: Find Yourself on the Map

Brill, Hal Berrett-Koehler Publishers ePub

What You Are Already Doing: Self-Assessment

NOW THAT YOU HAVE A FULL PICTURE OF THE RESILIENT INVESTING framework, it’s time to learn how to put these concepts to work in your life. In this chapter you’ll be assessing where your current actions fit on the Resilient Investing Map and begin thinking about how your own priorities and life situation can find expression within our expanded view of investing. While the RIM may seem fundamentally new, you have undoubtedly been making investments for many years that can be plugged right into your personal map.

For example, we are guessing that you already devote time each week to your familial, social, and community relationships. Great! You’re investing in zone 1. Do you periodically plug in to online social networks or take personal or professional training courses? Check, zone 3. We know you buy stuff, from cereal to cell phones: zone 5. Gardening? Zone 4. Have you supported an interesting new project on Kickstarter or Kiva? Hip hip, you’re at work in zone 9! If you chose your job or career in part because it makes a positive contribution to the world, then zone 2 is in play, too.

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Chapter 1: Facing the Future

Brill, Hal Berrett-Koehler Publishers ePub

Why We Are Expanding Your View of Investing

WE HAVE LAID OUT A RADICAL NEW MAP OF THE INVESTING universe, and we are inviting you to navigate your own path across this vast terrain. But before we start exploring the nooks and crannies, let’s take a moment to ask the fundamental question: why invest?

Some would say this is obvious—we invest to build wealth. And what’s the point of building wealth? To be secure? To then build even more security and more wealth? Isn’t that what we all want? Well, no, at least not in the way it is usually presented. While we take it as a given that most people want to increase their financial assets (at least up to a point) and have some nice things, traditional measurements of personal wealth are inadequate, often ignoring that which gives us the most satisfaction. Economists measure our “standard of living,” but what we are really after is a higher “quality of life”—and while there is overlap, those two are not the same thing! The point of investing, we would suggest, is not just about having more but about being happy in a full, classical sense.

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