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21st Century Investing: Redirecting Financial Strategies to Drive Systems Change
How institutions and individuals can address complex social, financial, and environmental problems on a systemic level--and invest in a more secure future.
Investment today has evolved from the basic, conventional approach of the past. Investors have come to recognize the importance of sustainable investment and are more frequently considering environmental and social factors in their decisions. Yet the complexity of the times forces us to recognize and transition to a third stage of investment system-level investing.
In this paradigm-shifting book, William Burckart and Steve Lydenberg show how system-level investors support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns. They preserve and strengthen these fundamental systems while still generating competitive or otherwise acceptable performance.
This book is for those investors who believe in that transition. They may be institutions, large or small, concerned about the long-term stability of the environment and society. They may be individual investors who want their children and grandchildren to inherit a just and sustainable world. Whoever they may be, Burckart and Lydenberg show them the what, why, and how of system-level investment in this what it means to manage system-level risks and rewards, why it is imperative to do so now, and how to integrate this new way of thinking into their current practice.
"Burckart and Lydenberg are the Wayne Gretzkys of Showing us not where investing is, but where it's going." --Jon Lukomnik, Managing Partner, Sinclair Capital; Senior Fellow, High Meadows Institute
Investment today has evolved from the basic, conventional approach of the past. Investors have come to recognize the importance of sustainable investment and are more frequently considering environmental and social factors in their decisions. Yet the complexity of the times forces us to recognize and transition to a third stage of investment system-level investing.
In this paradigm-shifting book, William Burckart and Steve Lydenberg show how system-level investors support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns. They preserve and strengthen these fundamental systems while still generating competitive or otherwise acceptable performance.
This book is for those investors who believe in that transition. They may be institutions, large or small, concerned about the long-term stability of the environment and society. They may be individual investors who want their children and grandchildren to inherit a just and sustainable world. Whoever they may be, Burckart and Lydenberg show them the what, why, and how of system-level investment in this what it means to manage system-level risks and rewards, why it is imperative to do so now, and how to integrate this new way of thinking into their current practice.
"Burckart and Lydenberg are the Wayne Gretzkys of Showing us not where investing is, but where it's going." --Jon Lukomnik, Managing Partner, Sinclair Capital; Senior Fellow, High Meadows Institute
232 pages, Kindle Edition
Published April 13, 2021
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Displaying 1 - 4 of 4 reviews
April 19, 2021
I just finished listening to 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change on Audible (and toggled back to the Kindle version as well).
This is an important book that shows how some leading edge institutional investors, as well as financial advisors and family offices, are charting a new path for investing.
Authors William Burckart and Steve Lydenberg call this new breed "system-level investors" -- investors who support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns.
21st Century Investing grew out of deep research and consulting Burckart and Lydenberg have been conducting at TIIP, an applied research and consulting firm launched in 2016. So this book is chock full of hands-on examples of systems-level investors in the U.S. and abroad--from the Government Pension Investment Fund (GPIF) of Japan, one of the largest pension funds in the world, to self-identified impact investors such as the KL Felicitas Foundation, which intentionally seek to generate social and environmental benefit through their investments along with financial returns.
I listened to 21st Century Investing as I hiked in the foothills in Colorado where wildfires have burned dangerously close to my neighborhood and drought conditions have persisted in areas across the state. The importance of system-level thinking was all around me.
And in investing, the authors pointed out that system-level investment capital that is targeted and intentional can make a profound difference on the systems that sustain life and society. That is where I hope Wall Street and other financial capitals around the world are headed in the 21st century.
This is an important book that shows how some leading edge institutional investors, as well as financial advisors and family offices, are charting a new path for investing.
Authors William Burckart and Steve Lydenberg call this new breed "system-level investors" -- investors who support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns.
21st Century Investing grew out of deep research and consulting Burckart and Lydenberg have been conducting at TIIP, an applied research and consulting firm launched in 2016. So this book is chock full of hands-on examples of systems-level investors in the U.S. and abroad--from the Government Pension Investment Fund (GPIF) of Japan, one of the largest pension funds in the world, to self-identified impact investors such as the KL Felicitas Foundation, which intentionally seek to generate social and environmental benefit through their investments along with financial returns.
I listened to 21st Century Investing as I hiked in the foothills in Colorado where wildfires have burned dangerously close to my neighborhood and drought conditions have persisted in areas across the state. The importance of system-level thinking was all around me.
And in investing, the authors pointed out that system-level investment capital that is targeted and intentional can make a profound difference on the systems that sustain life and society. That is where I hope Wall Street and other financial capitals around the world are headed in the 21st century.
November 15, 2021
The concept of systems level thinking itself is big picture and impactful and decently described. However the book itself for a seasoned reader on this topic of ESG-impact investing was not transformational
October 24, 2021
This is a “how to” that lacks rigorous analysis. The conclusions are based on dubious assumptions. Altogether I found the book intellectually deficient.
December 28, 2021
About System investments, reviewing this completely wont be just
Displaying 1 - 4 of 4 reviews