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21st Century Investing
Book

21st Century Investing

Redirecting Financial Strategies to Drive Systems Change

William Burckart and Steve Lydenberg
Berrett-Koehler, 2021

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Editorial Rating

8

Qualities

  • Innovative
  • Well Structured
  • Concrete Examples

Recommendation

If you find yourself shaking your head at Wall Street’s myopic obsession with quarterly numbers, or shaking your fist at free-market acolytes who disavow any social responsibility on the part of corporations or investors, this is the book for you. Investment advisers William Burckart and Steve Lydenberg make a case for a new type of investing. In their “system-level” approach, allocating assets isn’t about short-term profits but about making societies and economies more just and, ultimately, more stable. While the authors don’t offer a precise playbook for changing the prevailing mind-set on Wall Street, they do explore the many institutional investors that are placing their values first.

Take-Aways

  • The conventional model of investing is broken.
  • “System-level” investing is a fresh approach to picking stocks.
  • System-level investors view climate change as an existential challenge, not as a short-term trading opportunity.

About the Authors

William Burckart leads the Investment Integration Project and is a fellow at the High Meadows Institute. Steve Lydenberg is the founder of the Investment Integration Project and a partner at Domini Impact Investments.

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