Word: investers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Current TV is only one of the ventures that Gore has undertaken in the afterlife he created for himself as a businessman who is out to change the world. The former Vice President, 57, is chairman of Generation Investment Management, a London-based investment firm that he started last year with former Goldman Sachs Asset Management CEO David Blood. For a partnership that no one seems able to resist calling Blood & Gore, they have a serious and high-minded investment philosophy. Generation aims to find and invest in companies that will pay off by virtue of enlightened approaches on energy...
Blood is not specific about where they will invest but theorizes, for instance, that BP might have an edge over other oil companies, thanks to its interest in green technologies; Costco would be a better long-term bet than Wal-Mart because it keeps its workers happier. He and Gore even see potential for making money fighting international scourges like AIDS and malaria. "There are risks associated with these issues," says Blood, "but they are also opportunities if businesses can think about them...
Travel philanthropy has been on the rise since the tsunami of 2004. Tourists looking to help the often disadvantaged countries they visit can invest time, energy or money. Below, some of the best ways to get away while giving something back...
...intentions. In 1994, when China produced more oil than it consumed, Beijing allowed county governments in Shaanxi to drill for oil in an effort to alleviate chronic poverty. The counties sold mineral rights to citizens for around $10,000 per square kilometer. Entire villages often pooled their money to invest in rights and rigs. More than 6,000 wells were drilled, and soon the "pump worms," as derricks are known in the local dialect, yielded crude. "I saw people building new houses, hiring teachers for their children," says Liu, who in 1999 formed a company with four other people, borrowed...
...quite comfortable with weak institutions and strong leaders. And when the corruption of formal rules and procedures becomes all too evident and therefore unsettling, we eject leaders for their lack of finesse. We replace them with others, hoping against the odds that they can make things work. We invest too much in the possibility that people of extraordinary capacities will save us from the tendency of the system to break down...