Tag archives: investment
My last article was about the need for direct government investment in solving the Climate Crisis. That getting rid of bad subsidies and incentives is helpful, but not enough. This point was made by Simon Sharpe, who worked on counterterrorism for the UK Foreign Office. But Sharpe made another vital point: A lot of climate […]
The success of Capital markets has been essential in stewarding the velocity of investor returns short and long term by allowing shares to be traded through the stock exchange. Private organizations turned IPO pose a strategic advantage for the company by allowing access to financial opportunities, higher share valuation, investor exit opportunities, employee retention, and […]
Elon Musk is the world’s richest person and one of the most brilliant individuals in business. He is the P.T. Barnum of our age — only more effective by far. And yet no one has ever accused him of: 1) having an ego that is under control; 2) a desire to benefit his fellow citizens; […]
Republicans have railed against deficit spending for decades. But, every Republican president since 1981 has increased the Federal deficit. Only the Democratic presidents Clinton and Obama have lowered it. When the Democrats are in office, the Republicans oppose any plans to increase government spending, claiming that we can’t afford it. Even though they have no […]
Conner Rehage, President and CEO of Harbor Hills Financial Advisors, has recently opened a branch of his company in Montecito’s upper village; the office is the second location for the locally-grown business. “I’ve always wanted to be here in Montecito, as I’ve been involved in the community for many years,” Rehage said during a recent […]
Writing this column on Juneteenth, I am reminded of Bryan Stevenson’s fabulous 2014 book Just Mercy. In it, he observes that “Capital punishment means, ‘them without capital get the punishment’…” Stevenson ends the description of his first experience with prisoners on Georgia’s death row with this musing, “My short time on death row revealed that […]
A Westmont College-hosted talk in February by Nobel Prize winner Daniel Kahneman spoke to the increasing awareness of behavioral economics. Kahneman won the prize in 2002 for his creation of the prospect theory: the concept that investors feel the pain of losses much more than the joy of gains. This echoed a similar sentiment from […]
Q. I have my own money and I inherited some more from my parents. I find I am very confused about what to do with it. I buy things I don’t really need, and I give to charity but mostly only at the end of the year. I want to do something bigger and give […]
Q. I read the previous column about Jonathan Gartner and his excitement about impact investing. Isn’t philanthropy the best way to help people? I have heard that impact investing yields a low financial return. Why should I be interested in it? – Sam in Montecito Certainly, philanthropy is vitally important to our welfare at the […]