Pension funds contribution to investible society - new rules?

       I want to thank the Neanderthals at the Department of Labor (DOL) who recently proposed a new rule that pensions funds can only invest with one view – financial returns – and cannot even consider the benefits of an investment to the broader stakeholder society.  Gratifying to know that over 90% of the commentators of the proposed rule were against it, including leadership firms like BlackRock.  I find it so amazing that the administration can be on the wrong side of history as Environmental, Social, and Governance (ESG) concerns become more widely accepted concerns in the investment process.

Talk at Megafund Temasek on Well Being as an Investment Opportunity

 A little more than a year ago I was asked to share my investment thoughts with the Singapore sovereign wealth fund, Temasek, which is one of the world's largest asset pools.  This presentation before their senior executives was a high end event, part of their annual eco-prosperity week.  Before my comments, I was approached by the moderator.  When I told him I was going to talk about mindfulness and related trends around suicide, he was a bit shocked and taken aback.  I think they were expecting me to talk about big ideas around climate change.  He kind of tried to nudge me to mute my the mindfulness

Illumen Capital and Racial Bias

Given the current times and BLM, I am happy to share and promote an investment I made into Illumen Capital, which is a fund of funds that invests in venture funds that make a commitment to the racial bias issue of inclusivity.  I worked with the founder, Daryn Dodson, at Calvert where he managed our venture Special Equities portfolio.  Great guy, African American, Stanford Business School.  I serve on his